Conducting a pilot test of a survey instrument involving a small group of the population can
a. correct problems in clarity, ease of answering, and quality of answers.
b. complicate the clarification of questions developed for a larger sample group.
c. be a better alternative to the use of open-ended questions.
d. use information from biased sources and correlate it to unbiased sources.
A
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In the U.S., data on potential output come from
A. estimates made by the Congressional Budget Office. B. data calculated by the Bureau of Trade. C. estimates generated by the National Bureau of Economic Research. D. forecasts from the United Nations Development Program.
Errors made in journalizing transactions, posting to the ledger, and preparing the trial balance can still exist in a balanced trial balance.
Answer the following statement true (T) or false (F)
The strength of integrated social contracts theory is that it
A. recognizes the importance of allowing local ethical norms to always take precedence over universal ethical norms. B. accommodates the best parts of ethical universalism and ethical relativism. C. puts no absolute limits on what actions and behaviors fall inside the boundaries of what is ethically or morally right and which actions/behaviors fall outside. D. recognizes that individuals and businesses have a basic right to "moral free space" and that it is inappropriate to specify ethically permissible and ethically impermissible actions and behaviors. E. correctly recognizes that all soundly reasoned ethical standards are universal.
Assume that Bubba orders 15 cases of BBQ chips from Mays Potato Chips for his restaurant, Bubba's BBQ. Mays ships 15 cases of regular chips by mistake. If Bubba decides to keep the regular chips, in spite of the nonconformity with the contract, then the destruction of the chips when a water pipe breaks in the food storage room will result in:
a. Mays' having to bear the loss, because it shipped nonconforming goods to Bubba. b. Mays' having to bear the loss, because it failed to insure the chips. c. Bubba's having to bear the loss, because he accepted delivery of the nonconforming chips. d. Bubba's having to bear the loss, because it was a sale on approval contract.