When a Correlation Is Discovered Between Two Variables, a and B

question 90

Multiple Choice

When a correlation is discovered between two variables, A and B, it is possible, though not certain that

• A) A has caused B
• B) B has caused A
• C) X has caused A plus B
• D) all of these

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Definitions:

GAAP

A compilation of standard accounting regulations and practices for financial reporting, termed Generally Accepted Accounting Principles.

Sustainability Accounting Standards Board

A board that was organized in 2011 to develop accounting standards that help companies report decision-useful sustainability information to external financial statement users.

GAAP

Commonly adhered to accounting rules and standards for financial reporting, known as Generally Accepted Accounting Principles.

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The routine activities necessary for a business to function effectively, including production, sales, and administration tasks.