Which of the Following Is an Example of a Positive

question 105

Multiple Choice

Which of the following is an example of a positive correlation?

• A) height and weight
• B) average income and shoe sizes
• C) average income and the incidence of dental disease
• D) school grades and number of hours spent playing video games

Comprehend the classification and accounting treatment of short-term and long-term investments.

Identify when a company has significant influence over an investment and the implications.

Recognize the accounting implications of equity and debt securities and their distinctions.

Familiarize with the journal entries associated with buying, holding, and selling investments.