The Researcher Told His Client That the Data Indicated a Relationship

question 36

Multiple Choice

The researcher told his client that the data indicated a relationship between the weight of dogs and consumption of low calorie dog biscuits. The researcher's remarks were a

• A) recommendation.
• B) conclusion.
• C) hypothesis.
• D) research proposal.
• E) None of the above.

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Definitions:

Domestic Corporation

A corporation that is incorporated under the laws of the country in which it is doing business.

Taxable Income

The portion of income subject to taxes after adjustments, deductions, and exemptions are applied to gross income.

FMV

The fair market value, or the price that property would sell for on the open market between a willing buyer and a willing seller.

Complete Liquidation

The process of closing a business by selling all assets, paying off creditors, and distributing any remaining assets to shareholders or owners.