The Dependent Variable Is the Variable That Is Being Described,predicted,or

question 119

True/False

The dependent variable is the variable that is being described,predicted,or controlled.

Understand and apply the accounting equation and its components (assets, liabilities, equity).

Analyze and prepare basic financial statements (income statement, balance sheet, statement of retained earnings).

Describe the effects of business transactions on the accounting equation.

Identify and classify different types of business activities (operating, investing, financing).