The equation that describes how the dependent variable (y) is related to the independent variable (x) is called
A. the correlation model.
B. the regression model.
C. correlation analysis.
D. estimation analysis.
Answer: B
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Which of the following statements is true?
a. Profits distributed to the creditors are called dividends. b. The balance sheet shows the assets, liabilities, and profits of a company. c. Dividends are an expense, and are reported on the income statement as a deduction from net income. d. The income statement reports the revenues and expenses of a company.
A(n) ________ clause bars an insurer from challenging its liability on a policy on the basis of an insured's misrepresentations if the policy has been in force for a specified period of time.
A. reinstatement clause B. coinsurance clause C. incontestability clause D. pro rata clause
According to BoardSource, exceptional boards ensure congruence between its ______.
A. decisions and core values B. direction and its financial goals C. volunteers and members of the board D. governance duties and organizational priorities
Which of the following is (are) NOT correct regarding disclosure requirements lessees? I. For capital leases, future minimum lease payments in the aggregate and for each of the succeeding five years must be disclosed. II. For operating leases with initial or remaining lease terms in excess of one year, future minimum rental payments in the aggregate and for each of the five succeeding fiscal
years must be disclosed. III. For capital leases, future minimum lease payments for each of the succeeding five years must be disclosed. IV. For operating leases with initial or remaining lease terms in excess of one year, future minimum lease payments for each of the five succeeding fiscal years must be disclosed. a. I only b. II only c. Both I and II d. Both III and IV