Descriptive Research Is Conducted for All of the Following Reasons

question 62

Multiple Choice

Descriptive research is conducted for all of the following reasons except ________.

• A)to describe the characteristics of relevant groups,such as consumers,salespeople,organizations,or market areas
• B)to determine the degree to which marketing variables are associated
• C)to understand which variables are the cause and which variables are the effect of a phenomenon
• D)to determine the perceptions of product characteristics

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Definitions:

Income Summary

An account in the ledger that is used to summarize the revenue and expenses of a period, facilitating the transfer of their net effect to retained earnings.

Net Income

The final earnings of a corporation once expenses and taxes are subtracted from its gross income.

Income Summary Account

An account used in the closing process to summarize the results of all revenue and expense accounts.

Capital

Financial assets or the financial value of assets, such as cash and goods, used by an organization to fund its operations and grow.