Which of the Following Is the Correct Sequence of Steps

question 78

Multiple Choice

Which of the following is the correct sequence of steps in the scientific method?

• A)Conduct an experiment,develop a hypothesis,form a theory,and make an observation.
• B)Develop a hypothesis,conduct an experiment,make an observation,and form a theory.
• C)Form a theory,conduct an experiment,develop a hypothesis,and make an observation.
• D)Make an observation,develop a hypothesis,conduct an experiment,and form a theory.

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Definitions:

Significant Influence

The power to participate in the financial and operating policy decisions of an entity, but not control those policies.

Fair-value Method

An accounting strategy used to measure and report assets and liabilities on the basis of estimated fair market prices.

Equity Method

An accounting technique used to record investments in associated companies, recognizing the investor's share of the investees' income.

Retrospective Change

An adjustment applied to prior period financial statements to correct an error or reflect a new accounting policy as if it had always been applied.