You Are Listening to a News Report That Claims a New

question 49

Multiple Choice

You are listening to a news report that claims a new study has found convincing evidence that a particular weight-loss product is much more effective than diet and exercise Which statement would be an example of scientifically "convincing" evidence in this case?

• A) The study has a hypothesis.
• B) Statistical tests showed significantly more weight loss in the participants who used the weight-loss product than those who relied on diet and exercise.
• C) All the participants lost at least 10 pounds.
• D) Only the participants who used the weight-loss product lost weight.
• E) The participants who used the weight-loss product lost an average of 3 pounds,whereas the participants who used diet and exercise lost an average of 2 pounds.

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Definitions:

LIFO

An inventory valuation method called "Last In, First Out" where the most recently produced or purchased items are the first to be expensed as cost of goods sold.

Cordless Screwdrivers

Electric screwdrivers that operate without a direct power supply connection, using rechargeable batteries instead.

U.S.GAAP

A set of accounting standards and principles provided by the Financial Accounting Standards Board (FASB) for companies in the United States, ensuring transparency and consistency in financial reporting.

Inventory

Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials or supplies to be consumed in the production process or rendering of services.