Depreciation is an example of cost incurred by a business in the past. Such non-cash expenses should not be considered for decision making from the perspective of finance, even if they would reduce the reported profits.
O True
O False
Assuming normal distribution, what would be the proportion of observations falling within one standard deviation of the mean?
1.O 25%
2.O 32%
3.O 50%
4. O 68%
5.O 75%
