The Primary Difference Between Natural Experiments and More Typical Laboratory

question 47

True/False

The primary difference between natural experiments and more typical laboratory experiments is that natural experiments do not normally involve random assignment.

---

Definitions:

Units-Of-Activity

A method for allocating depreciation based on the actual usage, work, or units of production of the asset, rather than passage of time.

Residual Value

The approximate worth of an asset when it reaches the end of its usable life.

Depreciable Cost

This refers to the total cost of an asset that is subject to depreciation over its useful life, including the purchase price and any additional costs necessary to make the asset usable.

Journal Entry

A record of a transaction in the general journal, indicating the accounts and amounts to be debited and credited.