As the Number of Hours a Student Studies for an Exam

question 212

Multiple Choice

As the number of hours a student studies for an exam increases, the likelihood of his doing poorly on the exam decreases. Therefore, how many hours students study for an exam __________ the likelihood of their doing poorly on the exam.

• A)is uncorrelated with
• B)Increases
• C)is negatively correlated with
• D)is positively correlated with

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Definitions:

Factoring Transaction

The process where a business sells its accounts receivable (invoices) to a third party (factor) at a discount, in exchange for immediate cash.

GAAP

Generally Accepted Accounting Principles, a set of rules and standards designed to ensure consistency, fairness, and accuracy in financial reporting and accounting practices in the U.S.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is global in scope.

Factoring Transaction

A financial transaction where a business sells its accounts receivable to a third party at a discount to obtain immediate cash.