Open-ended questions that respondents answer in their own words are called ________
A) structured questions
B) unstructured questions
C) double-barreled questions
D) filtered questions
E) own-voice questions
B
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Answer the following statements true (T) or false (F)
One of the purposes of positive research is to satisfy information demand by managers, auditors, creditors, and standard setters.
When used for performance evaluation, periodic internal reports based on responsibility accounting should not
a. include allocated fixed overhead. b. include variances between actual and budgeted controllable costs. c. be related to the organization chart. d. distinguish between controllable an non controllable costs.
In Canada in 2013, which number is closest to the number of personal bankruptcies that occurred that year?
A) 5,000 B) 10,000 C) 20,000 D) 50,000 E) 70,000
The inventory turnover ratio is calculated as:
A. Cost of goods sold divided by average merchandise inventory. B. Ending inventory divided by cost of goods sold. C. Sales divided by cost of goods sold. D. Cost of goods sold divided by ending inventory. E. Cost of goods sold divided by ending inventory times 365.