Descriptive Studies Do NOT

question 20

Multiple Choice

Descriptive studies do NOT

• A) ​study relationships between variables.
• B) ​tell why something occurred.
• C) ​use operational definitions.
• D) ​use concepts.
• E) ​Descriptive studies DO all of these.

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in net income or loss.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business.

Long-term Debt

A financial obligation that extends beyond one year, used by businesses to finance their operations or acquire assets.

Contingent Liabilities

Potential liabilities that may occur depending on the outcome of a future event.