Reliability Refers to the _____ of a Measuring Device Such

question 2

Multiple Choice

Reliability refers to the _____ of a measuring device such as a test.

• A)consistency
• B)predictability
• C)accuracy of inference
• D)representativeness

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Definitions:

Withdrawals

Withdrawals typically refer to amounts of money taken out from a bank account, but in business, it can also mean money taken out by the owner for personal use, reducing the capital account.

Net Income

The total revenue minus total expenses, indicating the company’s profit or loss over a specific accounting period.

Accrued Salaries

Salaries that have been earned by employees but have not yet been paid by the company.

Adjust Account Balances

The process of updating ledger accounts at the end of a period to reflect accurate financial information for reporting.