What allows researchers to see how people behave and record behaviors that are relevant to the research objective?
A. observation research
B. a survey
C. secondary research
D. a focus group
E. an interview
Answer: A
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For integrated audits, the auditor will test the operating effectiveness of important controls as of the client's year end
a. True b. False Indicate whether the statement is true or false
Secondary data refers to:
A) information collected for a purpose other than the study's original purpose B) information gathered specifically to serve the research objectives at hand C) information that is relatively easy to access D) information gathered by those whose primary job is marketing research E) data collected on primary product/service users
An asset that cost $24,000 and has accumulated depreciation of $18,000 is sold for $5,200 . The entry to record the sale is:
a. Accumulated Depreciation— Asset 6,000 Asset 6,000 b. Cash 5,200 Accumulated Depreciation— Asset 18,000 Loss on Sale of Asset 800 Asset 24,000 c. Loss on Sale of Asset 18,800 Asset 18,800 d. Asset 18,000 Accumulated Depreciation— Asset 18,000
Aspen Company provides for doubtful accounts expense at the rate of 3 percent of credit sales. The following data are available for last year: Allowance for Doubtful Accounts, January 1 ..... $ 54,000 (cr) Accounts written off as uncollectible during the year ......................................... 60,000 Collection of accounts written off in prior years.. (customer credit was re-established)
........... 15,000 Credit sales, year-ended December 31 ........... 3,000,000 The allowance for doubtful accounts balance at December 31 . after adjusting entries, should be a. $45,000. b. $99,000. c. $90,000. d. $84,000.