The Main Disadvantage of Panels Is That They

question 40

Multiple Choice

The main disadvantage of panels is that they

• A) are potentially non-representative.
• B) cannot be maintained for more than 12 months due to federal regulations.
• C) allow only simple analysis of the data.
• D) suffer more from interview bias than any other data collection method.
• E) force researchers to use complex time series analysis.

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Definitions:

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period.

Extraordinary Gains

Profits from events or transactions that are both unusual in nature and infrequent in occurrence, though this distinction has been eliminated in current accounting practices.

Pretax Loss

The loss a company incurs before taxes are deducted.

Pretax Gain

The profit a company has made before any taxes have been applied.