Practice the following: Assume the entity is using U.S. GAAP, accrual-basis accounting. For each of the following independent situations, determine the effect of that transaction on: net income; cash; total assets; total liabilities. Complete the primer exercise by filling in the chart, showing in each area either I (increase), D (decrease), or NE (no effect). Do not leave any area blank!
surrogate variable. surrogate variable. A variable in a clinical trial that provides an indirect measure of efficacy in situations where direct measure of a clinical effect is not possible or practical.
Dependent and Independent Variables. The key to designing any experiment is to look at what research variables could affect the outcome. There are many types of variable but the most important, for the vast majority of research methods, are the independent and dependent variables. A researcher must determine which variable needs to be manipulated to generate quantifiable results. The independent variable is the core of the experiment and is isolated and manipulated by the researcher. The dependent variable is the measurable outcome of this manipulation, the results of the experimental design.