Comparing the Responses of Actual and Virtual Focus Groups

question 17

Multiple Choice

Comparing the responses of actual and virtual focus groups, .

• A)the responses are the same
• B)the responses look nothing alike
• C)people speak more freely on-line
• D)people speak more freely in face-to-face focus groups

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Definitions:

Real Accounts

Accounts related to assets, liabilities, and equity that are not closed at the end of the accounting period, as opposed to nominal accounts.

Accumulated

The total amount collected or gathered over a period, often referring to earnings, benefits, or other financial measures.

Closing Entries

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

Capital Account

An account on a national or international level showing the net change in asset ownership for a country, or on a company level, it represents the funds contributed by owners plus retained earnings.