A Business Organized as a Separate Legal Entity Is a

question 60

Multiple Choice

A business organized as a separate legal entity is a

• A)corporation.
• B)proprietor.
• C)government unit.
• D)partnership.

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Definitions:

Group's Mean

The average value obtained by summing all the numerical values in a group and dividing by the number of values.

T-test

A statistical test used to compare the means of two groups or samples to determine if there is a significant difference between them.

Means

Statistical term referring to the average value of a set of numbers.

Null Hypothesis

A hypothesis that assumes no significant difference or relationship between variables until evidence suggests otherwise.