Which of the Following R-Values Indicates the Strongest Relationship Between

question 7

Multiple Choice

Which of the following r-values indicates the strongest relationship between two variables?

• A)+0.65
• B)-0.89
• C)+0.10
• D)-0.10

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Definitions:

Control Account

An account in the general ledger that summarizes and checks the accuracy of individual records in subsidiary ledgers.

General Ledger

A comprehensive set of accounts that records all transactions of a business, providing the foundation for financial statements.

General Ledger

The main accounting record of a company which uses double-entry bookkeeping, consisting of all balance sheet and income statement accounts.

Sales Journal

A specific type of journal used to record the sales of goods or services on credit.