Which of These Is One of the Conditions Necessary to Establish

question 84

Multiple Choice

Which of these is one of the conditions necessary to establish causal inferences?

• A)The two variables are not correlated.
• B)Multiple alternative explanations exist for the correlation.
• C)The presumed cause precedes the presumed effect in time.
• D)The study was conducted in an open environment.
• E)The sample size is large enough.

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Definitions:

Variable Costing

An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold and treats fixed manufacturing overhead as an expense of the period.

Retail Clothing Store

A business establishment that purchases clothing from manufacturers or wholesalers and sells these directly to consumers.

Product

Anything that can be offered to a market that might satisfy a want or need, including physical goods, services, and experiences.

Period

A length of time during which a series of events or an action takes place or is completed.