Which of the Following Correlation Coefficients Indicates That You Could

question 69

Multiple Choice

Which of the following correlation coefficients indicates that you could use measurements of one variable to predict measurements of a second variable with perfect accuracy?

• A) .9
• B) 0
• C) -1
• D) .5

Recognize how transactions impact liability accounts.

Understand the principle of double-entry bookkeeping.

Learn how expense accounts are affected by transactions.

Identify the components and purposes of journalizing and posting in accounting.