If Two Variables Are Correlated with One Another, It Is

question 308

True/False

If two variables are correlated with one another, it is possible but not necessary that one variable causes the other.

---

Definitions:

Income Statement

A financial statement that shows a company's revenues, expenses, and profits or losses over a particular period of time.

Linkage

The connection or relationship between two or more factors, objects, or systems.

Period Costs

Expenses that are not directly tied to the production of goods and are expensed in the period they are incurred.

Individual Sales

Individual Sales refer to transactions and revenue generated from selling products or services on a per-unit or single-transaction basis.