A Single-Sample T Ratio Is Only Considered to Be Significant

question 124

Multiple Choice

A single-sample t ratio is only considered to be significant when

• A) the population values are known
• B) the population values are assumed
• C) its value falls within the confidence interval
• D) the null hypothesis has been rejected

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Definitions:

Cash Payments

The act of settling debts, purchasing goods, or services by transferring physical currency or through electronic means as opposed to using credit.

Voucher Register

A journal or ledger used to record vouchers and their corresponding financial transactions in the accounting cycle.

General Journal

A primary accounting record where financial transactions are entered before being posted to specific accounts in the general ledger.

Sundry Column

A column used in various accounting journals and ledgers to record miscellaneous transactions that do not fit in the specific columns.