GenerUs Inc

question 77

True/False

GenerUs Inc.'s board of directors approved a charitable cash contribution to FoodBank, a qualified non-profit organization, in November of 2014. GenerUs made payment to FoodBank on February 2, 2015. GenerUs Inc. (a calendar-year corporation) may claim a deduction for the contribution on its 2014 tax return.

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Definitions:

Null Hypothesis

A statement in statistics that suggests there is no significant difference or relationship between specified populations, any observed difference being due to sampling or experimental error.

Wilcoxon Signed Rank Test

A non-parametric statistical test used to compare two related samples to determine if their population mean ranks differ.

Null Hypothesis

The presumption of no association or effect between variables until evidence indicates otherwise, used as a benchmark for statistical significance testing.

Cholesterol Levels

Measures of the total amount of cholesterol in the blood, including low-density and high-density lipoprotein cholesterol.