Absentee Owner.

An absentee owner is a person who owns a property but does not live on or near the property, and may not even be located in the same state or country. This type of owner is typically an investor, and the property is usually managed by a property management company. The absentee owner may not … Read more

What is the relative absolute frequency?

If the relative frequency is the result of dividing the Absolute frecuency of a certain value between the total number of recorded data, the relative absolute frequency will be the number resulting from dividing the accumulated frequency by the total number of records. This concept is extremely important in understanding the accounting, since it helps … Read more