Read the Following Scenario and Answer the Question Below

question 21

Multiple Choice

Read the following scenario and answer the question below.
Pablo and Johanna have to do a yearlong study for their biology course. After some discussion, they decide to try comparing their dogs and the diet that they feed them. Each has a dog from the pound, and both dogs are less than one year old. Pablo feeds his shepherd-mix dog a special diet of wet and dry foods from the local vet, while Johanna uses generic dry kibble from the supermarket for her bulldog. They want to see which diet results in bigger, healthier, faster -growing dogs.
-When they write up their initial proposal, the instructor will probably ______________

• A) give them an F and tell them to start over  it would take many years to do such a study
• B) tell them that they need at least 100 dogs to do the study
• C) give them an A for thoroughness and allow them to proceed with the experiment
• D) tell them that the proposal is impossible and that such a study cannot be done at all
• E) tell them they have some serious problems with the proposal, but it is possible to fix

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Definitions:

Cost of Goods Sold

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

Production Budget

An estimate of the total cost of production, including raw materials, labor, and overhead, for a specific period.

Direct Materials

Raw materials that can be directly traced to the production of a specific product and are a significant portion of the product cost.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, usually to ensure liquidity.