What Is the Variable Used to Predict Another Variable Called

question 9

Multiple Choice

What is the variable used to predict another variable called?

• A)Independent variable
• B)Dependent variable
• C)Important variable
• D)Causal variable

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Definitions:

Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership interest of shareholders.

Note Payable

An obligation in the form of a promissory note, which requires the borrower to pay back the loan or debt to the lender at a future date.

General Journal

The primary accounting record used to record all types of transactions not assigned to other journals.

Equipment

Tangible property that is used in the operations of a business and has a useful life of more than one year.