Which of the Following Statements Is True

question 95

Multiple Choice

Which of the following statements is true?

• A)Expenses and losses both represent decreases in assets or increases in liabilities; the terms can therefore be used interchangeably.
• B)Expenses and revenues deal with peripheral activities,while losses and gains deal with operating activities.
• C)Expenses and revenues deal with operating activities,while losses and gains deal with peripheral activities.
• D)Revenues and gains both represent increases in assets or decreases in liabilities; the terms can therefore be used interchangeably.

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Definitions:

Naturalistic Observation

Research method in which behavior is studied in natural settings without intervention or manipulation.

Observer Bias

A form of bias that occurs when the presence or expectations of the observer inadvertently influence the behavior of subjects or interpretation of data.

Techniques

Specific methods or ways of doing something, usually referring to a skill or craft.

Correlation

A statistical measure that indicates the degree to which two or more variables fluctuate together.