A(n) _____ Is a Well-Substantiated Explanation of Some Aspect of the Natural

question 36

Multiple Choice

A(n) _____ is a well-substantiated explanation of some aspect of the natural world confirmed through repeated observation and experimentation and attempts to answer "why."

• A) observational definition
• B) hypothesis
• C) conceptual definition
• D) scientific theory

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Definitions:

Cost of Goods Sold

The direct costs attributable to the production of the products sold by a company, including material and labor costs.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operational costs.

Operating Cycle

The duration of time it takes for a business to turn its inventory into cash through sales.

Merchandiser

A person or company involved in the purchase and sale of goods. In accounting, it refers to a business that sells finished goods to consumers.