Which of the following is not a qualitative method for data collection?
A. experiments
B. observation research
C. focus groups
D. ethnographic research
E. depth interviews
Answer: A
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Concerning purchase discounts, which one of the following statements is true?
A) Purchase discounts taken should be deducted from the acquisition cost of the inventory. B) The net price method results in recording accounts payable at the maximum value of the liability that the company may be required to pay out. C) Purchase discounts lost should be included in the cost of inventory. D) An advantage of the gross price method is that it isolates purchase discounts lost and thus highlights inefficiencies.
Answer the following statements true (T) or false (F)
Under SFAS No. 109, the deferred tax balance is to be classified as current or non-current in the same manner as the assets and liabilities to which the deferred taxes relate.
The National Environmental Policy Act of 1970 (NEPA) is regarded by many as the country's most influential piece of environmental legislation
Indicate whether the statement is true or false
What are some of the matters involving fundamental changes in the corporation and requiring shareholder approval?
a. Amendments to articles of incorporation. b. Sale or lease of corporate assets in the regular course of business. c. Selection of a corporate president. d. Removal of the corporation's officers. e. All of these.