The Results of Even the Most Interesting Study Might Be

question 82

Multiple Choice

The results of even the most interesting study might be of little use, depending on

• A)how the results are interpreted.
• B)whether or not the scientific community agrees with the results.
• C)how the study was conducted.
• D)what the independent variable were.

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Definitions:

GAAP

Generally Accepted Accounting Principles, standard guidelines and procedures for financial accounting and reporting in the U.S.

Indirect Method

A method used in cash flow statements where net income is adjusted for items that affected reported net income but did not result in an actual cash flow.

Direct Method

A cash flow statement presentation that lists actual cash inflows and outflows from operating activities.

FASB

The Financial Accounting Standards Board (FASB) is an organization responsible for establishing and improving financial accounting standards in the United States.