External Validity Is Most Important for Which of the Following

question 15

Multiple Choice

External validity is most important for which of the following claims?

• A)Frequency claims
• B)Association claims
• C)Causal claims
• D)External validity is equally important for all claims.

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Definitions:

Consolidation Adjustments

Modifications made to combine the financial statements of parent and subsidiary companies into a single set of statements.

Equity

The residual interest in the assets of the entity after deducting all its liabilities.

Pre-Acquisition Entry

An accounting entry made to adjust the values of the acquiree's assets and liabilities to their fair values at the acquisition date before they are consolidated.

Non-Controlling Interest

represents the portion of equity in a subsidiary not attributable, directly or indirectly, to the parent company, reflecting the minority shareholders' claim on the subsidiary's assets and earnings.