________ is not constant. It represents transient factors that affect the observed score in different ways each time the measurement is made, such as transient personal or situational factors

A) Systematic error
B) Measurement error
C) Random error
D) Variable error

C

Business

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Regarding the four-step closing process under the periodic inventory system, ________

A) purchase Returns and Allowances and Purchase Discount accounts are closed with a credit via the Income Summary account B) Sales Revenue is closed with a credit via the Income Summary account C) the beginning Merchandise Inventory, Purchases, and Freight In are closed with a debit via the Income Summary account D) the ending merchandise inventory balance must be recorded as a debit via the Income Summary account

Business

Misappropriation of assets is normally perpetrated at the lowest levels of the organization hierarchy

Indicate whether the statement is true or false

Business