Which of the following statements is true regarding a focus group?
A) It is a quantitative research method.
B) The most popular use of focus groups is for scientific research.
C) It usually involves a professional moderator.
D) The results obtained can be safely generalized.
C
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Which of the following is not true about the modified cash basis?
a. Depreciation adjustments are made each period; b. Liabilities are recognized for services received on account; c. Accrual accounting is used for prepaid assets; d. Long-term assets appear on the balance sheet; e. Revenues are recognized when cash is received
Days' sales in receivables may be abnormally high if a material amount of sales are on a cash basis
Indicate whether the statement is true or false
Traditionally, the most popular companywide base for allocating overhead to products was:
A. number of units produced. B. direct labor hours or costs. C. number of units sold. D. machine hours.
Two hundred fifty units of Component X are scheduled for production. Each unit of X requires labor standard time of 2 hours per unit and machine standard time of 1 hour per unit. The standard labor hours of load requirements are ______.
a. 250 b. 500 c. 400 d. 350