The Two Paragraphs Below Discuss Aspects of Two Studies, Each

question 5

Essay

The two paragraphs below discuss aspects of two studies, each of which exhibit a bias.For each study, decide whether the problem is selection bias, response bias, or nonresponse bias, and in a few sentences explain why you chose your answer.

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Definitions:

Debit

An accounting entry that increases asset or expense accounts, or decreases liability, equity, or revenue accounts.

Credit

An accounting entry on the right side of an account ledger, recording increases in liabilities, equity, and revenue, or decreases in assets and expenses.

Recording Process

The act of documenting financial transactions systematically in the books of accounts of a business.

Journal

An elaborate log that captures every financial transaction of an enterprise, initially entered prior to its transfer to the accounts within the general ledger.