Sources of secondary information include
A) first-hand observation.
B) in-person interviews.
C) newspapers and periodicals.
D) experiments.
E) an online survey designed specifically for your project.
Answer: C
Explanation: C) Research done previously for another purpose is considered secondary research when the results are reused in a new project. This secondary information can be anything from magazine articles to survey results.
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Which of the following is a true statement about the Clean Water Act?
A. It provides that a discharge permit has to be obtained from the Army Corps of Engineers in order to deposit or discharge "refuse" into a navigable waterway. B. It was the 1970 amendment to the Federal Water Pollution Control Act (FWPCA). C. It provides the federal government with the primary responsibility for preventing, reducing, and eliminating water pollution. D. It had a goal to have no discharges of pollutants into the nation's waters by 1985.
The applied overhead of a job is more than the actual overhead and it is considered immaterial by the company. An entry to record this would involve a
A) debit to the Materials Inventory account. B) credit to the Overhead account. C) credit to the Cost of Goods Sold account. D) debit to the Work in Process Inventory account.
The suicide clause is a clause that states that insurance proceedings will not be paid in case of a suicide at any time during the policy's validity
Indicate whether the statement is true or false
Build-It ConstructionCompany contracts with Classic Beverage Corporation to build Classic Beverage's corporate headquarters.Build-It Construction contracts with Dependable Tools & MaterialsInc for construction supplies but refuses to pick up the order
Meanwhile, Classic Beverage hires Elmo, a certified public accountant, to work in its cost-accounting division as an employee, with no authority to hire or supervise others. Elmoasks Fayette, an outside experienced accountant, to advise him on certain accounting procedures but fails to pay Fayettefor the service. Classic Beverage also contracts with Gloria, a salesperson, to solicit orders for its products in a designated territory. Gloriaobtains an order from Highpoint Concessions, Inc, which is assured the order will be filled soon. But Gloriadoes not follow through with the paperwork and fails to submit the order to Classic Beverage. Highpoint Concessionssuffers a loss. Dependable Tools, Fayette, and Highpoint Concessionsclaim Classic Beverage is liable under agency law. Discuss fully whether an agency relationship was created by Classic Beverage with Build-It Construction, Elmo, or Gloria.