Two Variables Are Positively Associated When _______

question 4

Multiple Choice

Two variables are positively associated when _______.

• A)above-average values of one tend to accompany above-average values of the other and vice versa
• B)above-average values of one tend to accompany below-average values of the other,and vice versa
• C)both variables have an outlier
• D)None of the above

---

Definitions:

Operating Activities

Cash flows related to the main or core business activities of an entity, such as sales of goods and services.

Notes Payable

A financial obligation or written promissory note requiring the borrower to pay back the lender the principal amount plus any interest by a specified date.

Interest

The charge for borrowing money, calculated as a percentage of the principal amount.

Cash Dividends

Payments made by a company to its shareholders from its profits or reserves, typically in the form of cash.