Respondents have been asked to express their degree of agreement with a series of lifestyle statements on a 1-to-5 scale, assuming that 9 has been designated for missing values, data values of 0, 6, 7, and 8 are out of range
Where in the data-preparation process might any out-of-range data be caught?
A) coding
B) transcribing
C) data cleaning
D) statistically adjusting the data
C
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When a company exchanges machinery and receives a trade-in allowance greater than the book value, thistransaction would be recorded with which of the following entries (assuming the exchange was considered to havecommercial substance)?
a. debit Machinery and Accumulated Depreciation; credit Machinery, Cash, and Gain on Exchange ofMachinery b. debit Cash and Machinery; credit Accumulated Depreciation and Machinery c. debit Machinery and Accumulated Depreciation; credit Machinery and Cash d. debit Cash and Machinery; credit Accumulated Depreciation
Casey's identity was stolen. The thieves stole lots of money and took out a loan in Casey's name. She notified all the necessary banks and agencies as soon as she discovered the identity theft. Is Casey's credit protected in this situation?
What will be an ideal response?
Discussions of business ethics frequently confuse what is ethical versus what is prudent versus what is practical versus what is legal.
Answer the following statement true (T) or false (F)
Which of the following categories in a typical market structure usually has the least market
share? A) market challengers B) market niche firms C) market followers D) market leaders