A data collection method that can easily and inexpensively screen respondents is desirable with a low incidence rate situation because a great many potential respondents must be contacted, but a large percentage of these would not qualify to take the
survey.
Indicate whether the statement is true or false
TRUE
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_____ is the idea that proposes that the ability of decision makers to be rational is limited by numerous constraints, such as complexity, time, cognitive capacity, values, skills, habits, and unconscious reflexes.
A. Rational decision making B. MBO C. Nonrational decision making D. Analytics E. Bounded rationality
If a customer returns merchandise or is given an allowance for damaged merchandise, which of the following accounts is debited?
a. Sales; b. Accounts Receivable; c. Cash; d. Sales Returns and Allowances; e. Accounts Payable.
Which of the following best represents a walkthrough?
a. The controller reviews the bank reconciliation prepared by the accountant and its resulting journal entries. b. The auditor walks the production line to find inefficiencies in the inventory process and reports them to management. c. The controller takes a sample of recorded write-offs to ensure they have been properly approved. d. The auditor traces three purchasing transactions from the purchase order to the financial statement for observation and understanding.
Several years ago, the Paradise Surf Shop was the only surf-gear store catering to women. It carried everything the serious female surfer needed to ride the waves. In terms of its merchandise assortment, it had a ________ assortment
A) shallow and deep B) narrow and deep C) shallow and broad D) broad and deep E) shallow and narrow