If a Correlation Is +1

question 157

Short Answer

If a correlation is +1.00,then the relationship that exists would be referred to as a(n)__________ positive relationship.

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Definitions:

Fiscal Year

A one-year period that companies and governments use for financial reporting and budgeting, which may not necessarily align with the calendar year.

December 31

December 31 is the last day of the year in the Gregorian calendar, commonly known as New Year's Eve.

Inventory Shrinkage

The loss of products between the point of manufacture or purchase from suppliers and the point of sale, often due to theft, damage, or errors.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.