Which of the Following Statements Is True

question 82

Multiple Choice

Which of the following statements is true?

• A)Accounts receivable are more liquid than cash.
• B)Notes receivable are always due in 30 days.
• C)Notes receivable are longer in term than accounts receivable.
• D)Accounts receivable are liabilities.

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Definitions:

Null Hypothesis

A hypothesis that there is no significant difference between specified populations, any observed difference being due to sampling or experimental error.

Alternative Hypothesis

A statement in statistics that indicates the presence of an effect, difference, or relationship when compared to the null hypothesis.

P-value

The probability of observing data at least as extreme as the data observed, under the assumption that the null hypothesis is true.

Sample Mean

The average of all observations or data points in a sample, used as an estimate of the population mean.