Which Statement Is True

question 39

Multiple Choice

Which statement is true?

• A)In the Income Statement columns of a worksheet, if there is net income, it must be added to the credit column to make the two columns balance.
• B)In the Retained Earnings columns of a worksheet, if there is a loss, it will be entered in the credit column to make the two columns balance.
• C)In the Income Statement columns of a worksheet, if there is a net loss, it must be added to the credit column to make the two columns balance.
• D)In the Retained Earnings columns of a worksheet, if there is net income, it will be entered in the debit column to make the two columns balance.

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Definitions:

Reliability

The consistency and stability of a measurement over time, indicating the degree to which an instrument or procedure repeatedly produces the same result under the same conditions.

Reactivity

The phenomenon where subjects alter their behavior due to the awareness of being observed.

Variability

The amount of dispersion of scores about some central value.

Pearson Product-moment

A correlation coefficient that measures the linear correlation between two variables, indicating the strength and direction of their relationship.