Which Statement Is Correct

question 53

Multiple Choice

Which statement is correct?

• A)HST payable is a financial liability.
• B)Bank overdraft is a non-financial liability.
• C)Unearned revenue is a non-financial liability.
• D)Unearned subscriptions are a financial liability.

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Definitions:

Cronbach's Alpha

A measure used in statistics to assess the reliability, or internal consistency, of a set of scale or test items.

Internal Reliability

A measure of consistency within a psychological test, indicating how closely related the items in the test are as a group.

Mean

The average score on a scale, calculated by adding everyone’s scores and dividing by the number of scores.

Descriptive Statistics

Numbers such as the mean, median, and mode.