Which of the Following Statements About Correlational Research Is FALSE

question 110

Multiple Choice

Which of the following statements about correlational research is FALSE?

• A)Correlational methods involve the study of relationships among two variables.
• B)Correlational methods rely on observing and measuring.
• C)Correlational methods are useful for establishing cause-and-effect relationships between two variables.
• D)The degree of relationship between two variables is expressed as a numerical value called a correlational coefficient.

---

Definitions:

Adjusting Entry

A journal entry made prior to preparing financial statements to adjust the balances of accounts to accurately reflect the financial activity.

Adjusting Entry

A journal entry made in accounting records at the end of an accounting period to update the balances of certain accounts and reflect the true financial position of a business.

Net Realizable Value

Net realizable value is the estimated selling price of goods, minus the cost of their sale or disposal.

Bad Debt Expense

An expense recorded when receivables are determined to be uncollectible, impacting the income statement.