If the Difference Between the Null Hypothesis and Your Test

question 20

True/False

If the difference between the null hypothesis and your test statistic is very large,you reject the null hypothesis.

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Definitions:

Journal

A detailed record where all financial transactions of a business are initially recorded before being transferred to accounts in the ledger.

Accounts

Financial records that track transactions related to a specific asset, liability, equity, revenue, or expense category.

Simple Journal Entry

A basic accounting entry used to record transactions with only one debit and one credit.

Debit

An accounting entry that increases asset or expense accounts or decreases liability, equity, or revenue accounts.