When We Have an Interval-Ratio Dependent Variable and Are Comparing

question 33

Multiple Choice

When we have an interval-ratio dependent variable and are comparing two groups, the appropriate test of significance is the ________. When we have an interval-ratio dependent variable and are comparing three or more groups, the appropriate test of significance is the ________.

• A) t test, ANOVA
• B) ANOVA, t test
• C) chi square, ANOVA
• D) t test, chi square

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Definitions:

Accrue

The process in accounting by which revenues and expenses are recognized when incurred, regardless of when cash transactions occur.

Salaries Expense

The total amount spent by an organization on employee salaries over a specific period of time.

Salaries Payable

A liability account that records the amount of salaries owed to employees but not yet paid.

Accrued

Income earned or expenses incurred before cash has been exchanged, often recognized in the accounting process.