Many of the Data Collection Methods Used in Qualitative Research

question 21

Multiple Choice

Many of the data collection methods used in qualitative research:

• A)Are designed to generate large quantitative data sets.
• B)Are highly structured and designed to be objective.
• C)Produce data that is language based, interview and focus group transcripts of the oral testimony of participants, written texts and documents.
• D)Are designed to generate data that can be analysed using inferential statistics.

Apply the retail inventory method to estimate inventory costs.

Evaluate the effects of inventory valuation methods on cost of goods sold, ending inventory, and gross profit.

Interpret and calculate inventory turnover and days' sales in inventory.

Understand the implications of errors in inventory counting and their effects on financial statements.

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Definitions:

Quota Sampling

A sampling method where participants are selected to ensure that certain characteristics are represented to a set proportion.

Simple Random Sampling

A sampling technique where each member of the population has an equal chance of being selected to be part of the sample.

Political Analysts

Professionals who study and interpret political systems, activities, and trends.

General Population

The entire group or set of individuals that researchers are interested in and to which they aim to generalize their findings.