Researchers Notice That They Have Missing Data

question 5

Multiple Choice

Researchers notice that they have missing data.When they look more carefully, they see that the data was missing because some equipment failed, some people were ill, and in some cases the data was not entered.The data are likely to be:

• A)missing completely at random MCAR)
• B)missing at random MAR)
• C)missing non-randomly
• D)none of the above

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Definitions:

Owner's Drawings Account

An account that tracks the amount of money a business owner withdraws from the company for personal use.

Revenue Accounts

Accounts that record the income generated by a company from its normal business operations or activities.

Liability Accounts

Accounts on the balance sheet that represent obligations or debts a company owes to others.

Accounting Equation

The foundation of double-entry bookkeeping, representing the relationship: Assets = Liabilities + Equity.