Which of the Following Implies That a Business Once Started

question 40

Multiple Choice

Which of the following implies that a business once started will remain in existence for the foreseeable future?

• A) Business entity concept
• B) Going concern concept
• C) Balanced Score card
• D) Managerial accounting

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Definitions:

Nondirect Relationship

A relationship between two variables where changes in one variable do not lead to consistent and predictable changes in another variable directly.

One-tailed

A hypothesis test where the area of interest is only on one side of the sampling distribution, indicating either a greater-than or less-than direction but not both.

Two-tailed

A type of statistical test that considers both directions of a possible effect, looking for deviations from a null hypothesis in two opposite directions.

Nondirectional

A hypothesis that does not predict the specific direction of the relationship between variables.