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.
In experimental studies, where the independent variables are imposed and manipulated, the dependent variable is the variable thought to be changed or influenced by the independent variable. Example: study title: Effects of a new tooth paste (YummyTooth) on incidence of caries in 1st grade children. is the independent variable and Y is the dependent variable-the outcome, and Z is the type of subjects represented. A simple example would be: The effects of tomatoes on risk of prostate cancer in Scandinavian men.