John Is a Waiter

question 9

Multiple Choice

John is a waiter.He wants to determine if how he greets his customers (specifically whether or not he introduces himself by name) affects his tips.In this situation,the independent variable would be ________

• A)the size of John's tips
• B)the number of repeat customers
• C)the presence or absence of John's name in his greeting
• D)whether or not John's customers address him by name

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Definitions:

Cash Flow Statement

A financial report that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.

Accounting Equation

The accounting equation is a fundamental principle of accounting that states that assets equal liabilities plus equity; it forms the basis for double-entry bookkeeping.

Owners' Equity

Represents the amount of capital that the owners or shareholders have in the company after deducting liabilities from assets.

Assets

Resources owned by a business or individual, considered valuable because they can be used to produce goods, services, or generate revenue.