If Your Proposed Data Analysis Involves Coding and Searching for Relationships

question 10

Multiple Choice

If your proposed data analysis involves coding and searching for relationships in data collected from observations, interviews, documents, films, etc. you have proposed a ___________ study.

• A) qualitative
• B) quantitative
• C) correlational
• D) longitudinal

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Definitions:

Gross Profit

The financial gain obtained after deducting the cost of goods sold from total sales revenue.

Income from Operations

The profit realized from a business's ongoing operations, calculating the difference between revenues from operations and operational expenses.

Adjusting Entry

Journal entries made in accounting records at the end of an accounting period to update the balances of accounts.

Closing Entries

These are journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts.