Answer the following statements true (T) or false (F)
1. Deductive theory development occurs before inductive theory development.
2. Survey research is the only way to determine how someone thinks or feels
about something.
3. Experiments can only occur in laboratory settings.
4. Content analysis is primarily used to study mass communication.
5. In ethnographic research, acting as a complete observer allows for the most
objectivity in recording data.
1. TRUE
2. TRUE
3. FALSE
4. FALSE
5. TRUE
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Products Green, Red, and White have unit contribution margins of $6.50, $12, and $10, respectively, and require 2, 4, and 3 direct labor hours per unit, respectively. If demand currently is far exceeding supply, on which product should the company concentrate its efforts?
A) Green B) Red C) White D) Either Green or Red
A company has two departments, Y and Z that incur wage expenses. An analysis of the total wage expense of $19,000 indicates that Dept. Y had a direct wage expense of $2,000 and Dept. Z had a direct wage expense of $3,500. The remaining expenses are indirect and analysis indicates they should be allocated evenly between the two departments. Departmental wage expenses for Dept. Y and Dept. Z, respectively, are:
A. $10,250; $8,750. B. $2,000; $3,500. C. $8,750; $10,250. D. $6,750; $6,750. E. $9,500; $9,500.
Both Schedules M-1 and M-3 require taxpayers to identify book-tax differences as either temporary or permanent.
Answer the following statement true (T) or false (F)
Tina wishes to learn what records the IRS has about her. Under the Freedom of Information Act (FOIA), A)Tina can only obtain copies of declassified information
B)Tina is entitled to all information the IRS has about her. C)Tina can only obtain information about the IRS, not records concerning herself. D)Tina cannot obtain any information since the IRS is exempt from the FOIA.