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When Used,the Null Hypothesis Is Presumed True Until Statistical Evidence,in

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When used,the null hypothesis is presumed true until statistical evidence,in the form of a hypothesis test,indicates otherwise.


Definitions:

Accounting Cycle

The collective process of recording and processing the accounting events of a company, from when the transaction occurs, to its representation in the financial statements, followed by closing the accounts.

Accounting Equation

Assets equal liabilities plus owners’ equity.

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