Which of the Following Accounts Properly Would Not Appear in a Proprietary-Type

question 6

Multiple Choice

Which of the following accounts properly would not appear in a proprietary-type statement of net position (balance sheet) ?

• A)accumulated depreciation
• B)retained earnings
• C)net position,unrestricted
• D)inventory

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Definitions:

Multiple Correlation R

Represents the strength and direction of a correlation between one dependent variable and two or more independent variables.

Significant

In statistics, significant means that an observed effect or relationship is unlikely to be due to chance, typically measured by a p-value.

Slope

A measure of the steepness, incline, or grade of a line, representing the rate of change in the y-variable for a one unit increase in the x-variable.

Regression Equation

An equation that describes the relationship between a dependent variable and one or more independent variables.