When trying to understand why a person feels the way they do about a particular subject, what type of primary research technique should be used?
A) Leading questions
B) Closed questions
C) Sampling
D) Surveys
E) Open-ended questions
Answer: E
Explanation: E) Ask open-ended questions to solicit opinions, insights, and information.
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What is the competitive advantage of a diverse workforce?
A) A shared systems of beliefs B) Increased communication opportunities C) Increased cultural competency D) A broader understanding of diverse markets E) Better utilization of skill sets
When inventory costs are declining, which of the following inventory costing method will result in the lowest ending merchandise inventory?
A) first-in, first-out B) last-in, first-out C) weighted-average D) specific identification
The normal activity duration of Activity X is 5 weeks and is budgeted to cost $12,000. The crash time for this activity is 3 weeks and is expected to cost $32,000. The cost slope for Activity X is calculated as ______.
A. (32,000 – 12,000)/(5 – 3) B. (12,000 – 32,000)/(5 – 3) C. (32,000 – 12,000)/(3 – 5) D. (12,000 – 32,000)/(3 – 5)
A responsibility accounting system should include all revenues and costs of a division
Indicate whether the statement is true or false