If a Test Fails to Produce a Result That Would

question 9

Multiple Choice

If a test fails to produce a result that would indicate an abnormal condition that truly exists,what type of result has this test given?

• A) False positive
• B) False negative
• C) Negative result
• D) Positive result

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Definitions:

Retail Business

A type of business that sells products directly to consumers, typically through various distribution channels.

Service Business

An enterprise offering services or intangible items to its clientele instead of material goods.

Periodic Inventory System

An inventory accounting system where updates are made at set intervals, typically leading to annual updates on inventory status and valuation.

Income From Operations

This refers to the profit realized from a business's ongoing core business operations, excluding deductions of interest and taxes.