Discuss the difference between exogenous constructs and ...

[pragya sharda]

Discuss the difference between exogenous constructs and endogenous constructs.

Question 2

Financial data from different countries tend to be the same due to standardization of accounting and recording practices for economic concepts.
 
 Indicate whether the statement is true or false

[Silverbeard98]

Answer to Question 1

Exogenous constructs are the latent variable equivalent of independent variables. Endogenous constructs are the latent variable equivalent of dependent variables.

Answer to Question 2

F
Although economic terminology may be standardized, various countries use different definitions and accounting and recording practices for many economic concepts.

[pragya sharda]

TYSM

[yeungji]

Thanks for the timely response, appreciate it