Which of the Following Best Describes Randomization

question 9

Multiple Choice

Which of the following best describes randomization? 

• A) The repetition of an experiment and getting the same results 
• B) The process of choosing members of experimental and control groups without bias 
• C) The personal account of an experience 
• D) The experimentation on subjects who do not know to which group they've been assigned 
• E) The knowledge that experimental results were based in fact

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Definitions:

Impairment

A permanent reduction in the value of an asset to below its carrying amount, reflecting a decline in its fair value.

Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.

FIFO System

First In, First Out, an inventory valuation method where the costs of the oldest inventory items are the first to be expensed.

Goodwill

The intangible asset that arises when a company acquires another business for more than the fair value of its net assets.