Which of the Following Guidelines Does Not Enhance the Usefulness

question 77

Multiple Choice

Which of the following guidelines does not enhance the usefulness of projective techniques?

• A)Projective techniques should be used because the required information cannot be accurately obtained by direct methods.
• B)Projective techniques should be used for exploratory research to gain initial insights and understanding.
• C)Given their complexity,projective techniques should not be used naively.
• D)none of the above

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Definitions:

Periodic Inventory System

A method of inventory valuation where updates to inventory levels and cost of goods sold are made periodically at the end of an accounting period, rather than after each sale or purchase.

LIFO Method

An inventory valuation method that assumes the last items placed in inventory are the first sold during an accounting year.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials, labor, and overhead.

Weighted-Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, giving more weight to some numbers than others.