An Advantage of Using Operational Definitions Is That

question 48

Multiple Choice

An advantage of using operational definitions is that:

• A) they allow sampling to be done randomly.
• B) they allow what Wallas described as inductive reasoning to occur.
• C) these definitions associate hypotheses to objects and operations in the physical world.
• D) they allow confounding variables to exist.

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Definitions:

General Journal

A primary bookkeeping ledger used by businesses to record all transactions in chronological order.

General Ledger

The comprehensive set of accounts that records all transactions of a business, serving as the foundation for preparing financial statements.

Accounting Time Periods

The specific intervals or time frames for which financial information is reported, such as monthly, quarterly, or annually.

Interim Periods

Shorter reporting periods within a fiscal year, such as quarters or months, used by companies to provide timely financial information.