When variables are perfectly associated, the phi coefficient assumes the value of 1

Indicate whether the statement is true or false

TRUE

Business

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Forward integration and backward integration are sometimes collectively referred to as

A) horizontal integration. B) diversification. C) vertical integration. D) stuck-in-the-middle. E) hierarchical integration.

Business

Briefly describe the accounting for the acquisition and use of equipment and indicate which accounts are involved in accounting for equipment and what types of accounts are these?

What will be an ideal response?

Business