Explanations of Data Based on Evidence Gathered by the Senses

question 39

Multiple Choice

Explanations of data based on evidence gathered by the senses and via systematic observations are

• A)empirical.
• B)rational.
• C)testable.
• D)rigorously evaluateD.

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Definitions:

Double-Entry Bookkeeping

A system of recording and classifying business transactions that maintains the balance of the accounting equation.

Annual Report

Summary of a firm’s financial information, products, and growth plans for owners and potential investors.