What Is the Significance of a Hypothesis

question 96

Multiple Choice

What is the significance of a hypothesis?

• A) It determines scientific truths.
• B) It is used to test theories.
• C) It determines if a sample is representative.
• D) It explains scientific relationships.

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Definitions:

Business Segment

A distinct part of a company that can be separated for analyzing its financial performance, often by product line or geographical location.

Independent Auditor's Report

A document provided by an independent auditor as a result of an audit or evaluation of a company's financial statements, giving an opinion on the financial statements' accuracy and compliance with accounting standards.

Financial Statements

Formal records of the financial activities and position of a business, individual, or other entity, typically including the balance sheet, income statement, and cash flow statement.

Auditor's Opinion

An assessment provided by an external auditor regarding the accuracy and completeness of a company's financial statements.