By Choosing to Conduct a Study in a Research Laboratory

question 80

Multiple Choice

By choosing to conduct a study in a research laboratory instead of its natural setting, researchers gain _____, but lose _____.

• A) internal validity; generalizability
• B) internal validity; independence
• C) generalizability; internal validity
• D) generalizability; independence

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Definitions:

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders, often used for reinvestment.

Revenue

Income generated from normal business operations and includes discounts and deductions for returned merchandise.

Accounts Payable

Liabilities of a business that represent amounts owed to creditors for goods and services received but not yet paid for.

Credit Entries

Entries made on the right side of an account in double-entry bookkeeping, indicating an increase in liabilities, revenue, or equity, or a decrease in assets.