Examlex
An assumption of the Wilcoxon rank sum test is that the variances of the two populations are equal.
Accounting Equation
The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Equity, representing the relationship between an entity’s resources and how those resources are financed.
Cash Dividends
Payments made by a corporation to its shareholder members, usually derived from the company’s profits.
Purchase
The act of obtaining goods or services in exchange for money, which can be recorded as an asset or expense depending on its use.
Account
A record in financial accounting that tracks the increase and decrease of financial values, such as assets, liabilities, revenues, and expenses.
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