Answer the following statement(s) true (T) or false (F)
It is usually more expensive to gather secondary data than primary data.
ANSWER: False
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What is question bias?
A) a respondent reacting negatively to a question B) the process of writing a question so that only a small group of the respondents understand the question C) the ability of a question's wording or format to influence respondents' answers D) using screening questions to disqualify unwanted respondents E) none of the above
__________ is the portion of communication that enables a receiver to indicate receipt and understanding of a message.
A. Encoding B. Decoding C. Noise D. Symbolism E. Feedback
The term structure of interest rates states that
A) terms of the loan have major effects on the interest rate. B) the long term interest rate is the geometric mean of the series of short term rates covering the same period. C) the long term rate would be higher than the individual short term rates in a rising interest rate environment. D) Both B and C are correct.
Which of the following features should not be included in a good system of internal accounting control over cash?
A. All major disbursements are made by check, and an imprest fund is used for petty cash disbursements. B. Monthly bank reconciliations are prepared by the person who makes the daily bank deposits. C. All receipts are deposited daily in the bank. D. Cash handling is separated from the recording of cash transactions.