If a Participant Does NOT Know in Which Condition She

question 180

Short Answer

If a participant does NOT know in which condition she is being tested, she is participating in a(n) _____ design.

---

Definitions:

Owner's Drawings

Withdrawals of business assets by the owner for personal use.

Income Summary

An account in which revenues and expenses are summarized, showing the net income or loss for a specific period before closing entries are made.

Net Income

Net income is the total revenue minus total expenses of a business, showing the company's profit during a specific period.

Correcting Entries

Journal entries made to amend previously recorded transactions that were incorrect or incomplete.