Accounts Receivable Was $45,000 at the Beginning of the Year

question 110

Multiple Choice

Accounts Receivable was $45,000 at the beginning of the year and $55,000 at the end of the year. The percentage change and direction of change for the year was a:

• A)22% decrease.
• B)22% increase.
• C)18% increase.
• D)18% decrease.

---

Definitions:

Independent Samples

Two or more groups of data that are not related or influenced by the same variables.

Critical Value

The threshold value that the test statistic must exceed in order for the null hypothesis to be rejected in hypothesis testing.

F-Table

A table used in statistics that displays the critical values of the F-distribution, which is utilized in analysis of variance (ANOVA) and other tests that compare variances.

Stratum Corneum

The outermost layer of the epidermis, consisting of dead keratinocytes, that provides a barrier against environmental damage.