Collection and Analysis of Data Is Done in Which of the Following

question 43

Multiple Choice

Collection and analysis of data is done in which of the following steps of the scientific method?

• A)Formulating an explanation
• B)Identifying questions of interest
• C)Communicating the findings
• D)Carrying out research designed to support or refute the explanation

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Definitions:

Permanent/Temporary

This refers to the nature of employment or status of objects wherein 'permanent' indicates indefinite duration and 'temporary' indicates a fixed duration.

Normal Balance

Normal Balance is the side (debit or credit) where increases to the account are recorded, depending on the account type.

Permanent/Temporary

Describes accounts in financial reporting; permanent accounts show ongoing financial status, while temporary accounts track revenues, expenses, and dividends over a specific period.

Normal Balance

The side (debit or credit) of an account that increases its balance, reflecting the account's role in the accounting equation.