Which of the following is the most accurate statement concerning the use of primary and secondary research methods?
a. Secondary research helps to establish a starting point for primary research.
b. A researcher typically chooses between secondary and primary research as the better alternative for obtaining information for the particular problem.
c. Primary research is the predominant research method selected for a study, with secondary research available as an option, if needed.
d. Secondary research includes observation, experimentation, and normative surveys.
A
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Indicate whether the statement is true or false
Work Room Company purchased equipment for $45,000. Total depreciation of $36,000 was recorded. On January 1, 2019, Work Room exchanged the equipment for new equipment, paying $65,000 cash. The market value of the new equipment is $65,000. Prepare the journal entry to record this transaction. Assume the exchange had commercial substance. Omit explanation.
What will be an ideal response?
Chesterfield Corporation has been operating well above its break-even point. What will happen to Chesterfield's margin of safety if the variable cost per unit increases?
A. The break-even point would increase, and the margin of safety would decrease. B. The break-even point would decrease, and the margin of safety would increase. C. The break-even point would increase, and the margin of safety would increase. D. The break-even point would decrease, and the margin of safety would decrease.
Productivity is measured by ______.
a. the ratio of goods and services produced to inputs b. the product of goods produced and inputs used c. the ratio of inputs to goods and services produced d. none of these