A Correlation Coefficient

question 310

Multiple Choice

A correlation coefficient

• A)indicates the direction of relationship between two variables.
• B)indicates the strength of relationship between two variables.
• C)does not indicate whether there is a cause-and-effect relationship between two variables.
• D)does all of these things.

---

Definitions:

Consolidation Entry A

An accounting entry made to adjust or combine financial information from separate entities during consolidation.

Consolidation Worksheet

A tool used in the preparation of consolidated financial statements that helps in adjusting and combining the financial information of parent and subsidiary entities.

Purpose

The objective or intended outcome that an organization or plan is meant to achieve.

In-process Research and Development

The value of research and development efforts acquired through an acquisition that have not yet reached commercial viability.