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 regression analysis, variables can be independent, which are used as the predictor or causal input and dependent, which are used as response variables. In experimental studies, independent variable X is the variable that can be controlled and variable Y is the variable that reflects the changes in the independent variable X.