______ methods are used when no measurable, reliable, historic, or statistical data are available and are primarily based on intuition, judgment, or informed opinions of experts in the industry.
a. Market research
b. Qualitative
c. Quantitative
d. Causal
b. Qualitative
You might also like to view...
When using PowerPoint during a presentation, slides should be brief and complement the spoken message
Indicate whether this statement is true or false.
Descriptive research is a type of ________ that has as its major objective the description of something-usually market characteristics or functions
A) subjective research B) exploratory research C) conclusive research D) observational research E) supporting research
Randomly listed below are the steps for preparing a trial balance: (1 ) Verify that the total of the debit column equals the total of the credit column. (2 ) List the accounts from the ledger and enter their debit or credit balance in the debit or credit column of the trial balance. (3 ) List the name of the company, the title of the trial balance, and the date on which the trial balance is
prepared. (4 ) Total the debit and credit columns of the trial balance. What is the proper order of these steps? A) (3 ), (2 ), (4 ), and (1 ) B) (2 ), (3 ), (4 ), and (1 ) C) (3 ), (2 ), (1 ), and (4 ) D) (4 ), (3 ), (2 ), and (1 )
Which of the following statements regarding accounting for spoilage is False?
a. Losses from abnormal spoilage are period costs. b. Losses that occur uniformity troughout the production process are called method of neglect. c. A discrete loss occurs at a specific point in time. d. Losses from normal spoilage are product costs.