Why is it important to explain the research objectives and procedures both to current and future decision makers?

What will be an ideal response?


The research objectives and procedures should be well explained both to current and future decision makers. There are a number of reasons for this requirement. First, the report may be read by people in the company that are not familiar with the study. Second, the study may be reviewed years later by individuals who were not working at the company when the research was conducted.

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Generally accepted accounting principles provide specific guidelines for allocating expenses among departments

Indicate whether the statement is true or false

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U.S. GAAP and IFRS require firms to disclose unrealized gains and losses that historically have bypassed the income statement in a category called other comprehensive income

Indicate whether the statement is true or false

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Scienter requires more than mere negligence or lack of due care

a. True b. False Indicate whether the statement is true or false

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Walt, a consumer, needs medical information. On the Internet, Walt goes to social network to consult with other consumers about diagnosis and treatment. Due in part to the Food and Drug Administration's rules, pharmaceutical companies are reluctant to advertise on the Web. Thus Walt is most likely to find

A. accurate information online. B. all of the necessary information in a tweet. C. incomplete information in traditional outlets, such as television. D. incorrect information online.

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