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When statistical tests are used improperly, a lack of ____________validity is reflected
Cash
A form of currency that includes physical bills and coins used in transactions.
Voting Shares
Shares that give the owner the right to vote on company matters, such as electing directors, at shareholder meetings.
Fair Value
Fair value is the estimated market price of an asset or liability, reflecting the amount at which an informed transaction could take place between willing parties.
Pushdown Accounting
An accounting method where the purchase price of an acquired entity is pushed down onto the acquired entity's financial statements.
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