Over the Past Year, You've Given Employees the Choice Each

question 35

Multiple Choice

Over the past year, you've given employees the choice each month of whether to have a pizza party or a game night to celebrate high sales figures. If you wanted to see if employees picked one more often than the other, you would most likely need to conduct a ______.

• A) independent-samples t-test
• B) correlation analyses
• C) χ² test of independence
• D) χ² goodness-of-fit test

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Definitions:

Receivables

Funds that are owed to a company by its customers or clients for goods or services already delivered.

Payables

Short-term liabilities of a company, representing amounts owed to suppliers or creditors for goods and services received but not yet paid for.

Control Accounts

General Ledger accounts that summarize the balances of numerous subsidiary accounts, used to consolidate and reconcile details.

Computerized Accounting System

An accounting system that utilizes software to record, store, and process financial transactions and data.