An Experiment Is Valid If

question 10

Multiple Choice

An experiment is valid if

• A)it produces reliable findings.
• B)if its findings are consistent across experiments.
• C)if it measures what the investigator designed it to measure.
• D)if its measures are both reliable and consistent across experiments.

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Definitions:

Periodic Inventory System

An accounting method where inventory is updated in the accounting records periodically, often used by smaller businesses due to its simplicity.

Cost Of Merchandise

The purchase price of goods sold by a company, including the cost of acquiring the goods plus any additional expenses to bring them to saleable condition.

Freight In

The cost associated with transporting goods into a business, typically included in the cost of goods sold calculation.

Gross Profit

The financial gain obtained after subtracting the cost of goods sold from the revenue generated from sales.