_____ data is defined as data that has been previously collected for any purpose other than the one at hand

a. Primary

b. Nominal

c. Discrete

d. Secondary


ANSWER: d

Secondary data is data that has been previously collected for any purpose other than the one at hand. Secondary information originating within the company includes documents such as annual reports, reports to stockholders, and product testing results perhaps made available to the news media.

Business

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Management has been found involved in many fraudulent schemes; a common one is "channel stuffing.". What does "channel stuffing" involve?

a. Overly complex transactions. b. Growth through stock acquisitions. c. Shipment of goods not ordered. d. Management compensation schemes.

Business

In the space below, state whether each situation is a deferral or an accrual. ______

a. Depreciation on machinery is $7,200 for the accounting period. ______ b. Interest that has been incurred on a loan but that has not yet been paid or recorded is $675. ______ c. Office supplies of $965 were on hand at the beginning of the period. Purchases of office supplies during the period totaled $640 . At the end of the period, $120 in office supplies remained. ______ d. Commissions amounting to $975 were earned but not yet collected by year end. ______ e. Prepaid Rent had a $2,500 balance prior to adjustment. By year end, 50 percent had expired. ______ f. Federal income taxes for the year were estimated to be $4,680.

Business

Regional buying preferences are best served through which buying organization?

a. informal buying organization b. formal buying organization c. decentralized buying organization d. centralized buying organization

Business

Discuss the four major factors that impact employee stress.

What will be an ideal response?

Business