Which of the Following Is an Accurate List, in Order

question 57

Multiple Choice

Which of the following is an accurate list, in order, of the steps of the scientific process?

• A)define variables; state assumptions; form a hypothesis; test
• B)state assumptions; define variables; form a hypothesis; test
• C)identify variables; state assumptions; test; form a hypothesis
• D)identify variables; form "other things equal" assumptions; form behavioral assumptions; test
• E)form "other things equal" assumptions; form behavioral assumptions; form hypothesis; test

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Definitions:

Balance Sheet

A detailed statement that captures a business's assets, liabilities, and shareholder equity as of a specific date.

Time Period Assumption

The long life of a company can be reported in shorter time periods, such as months, quarters, and years.

Business Entity

A corporation, partnership, association, or any other legal entity engaged in economic activities, such as selling goods or services.

Quarters

A three-month period on a financial calendar that acts as a basis for reporting earnings and paying dividends.