How would the following costs be classified (product or period) under variable costing at a retail clothing store? Cost of purchasing clothing Sales commissions

Adjusting entries that reflect events that have already occurred, but for which no cash flow has taken place are classified as

A) accruals. B) deferrals. C) revaluations. D) corrections.

The question of "How strongly are sales related to advertising expenditures when the effect of price is controlled?" is best answered via ________

A) bivariate regression analysis B) partial correlation coefficient C) ANOVA D) product moment correlation