Which of the Following Relationships Is Likely to Exhibit a Negative

question 93

Multiple Choice

Which of the following relationships is likely to exhibit a negative correlation?

• A) The relationship between the amount saved with a bank and the interest earned
• B) The relationship between the level of professional training and unemployment
• C) The relationship between inflation in the United States and traffic congestion in China
• D) The relationship between the amount of precipitation in a year and the number of umbrellas sold

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Definitions:

General Journal

A fundamental accounting ledger that records all businesses transactions in chronological order, prior to being transferred to specific accounts.

Direct Write Off Method

An accounting practice where uncollectable accounts receivable are directly removed from the books when deemed uncollectible.

Direct Write-off Method

An accounting practice where uncollectible accounts receivable are directly written off against income at the time they are deemed unrecoverable.

General Journal

The general journal is an accounting ledger in which all types of transactions are initially recorded before they are posted to specific accounts in the general ledger.