A Researcher, Who Is Always Willing to Consider Criticisms of His

question 59

Multiple Choice

A researcher, who is always willing to consider criticisms of his theory and to make theoretical revisions and adjustments when the evidence supports it, is demonstrating behaviour most consistent with which key scientific attitude?

• A)Skepticism
• B)Curiosity
• C)Rationality
• D)Open-mindedness

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Definitions:

Days' Sales

A financial metric, often calculated as days sales outstanding (DSO), that measures the average number of days it takes a company to collect payment after a sale has been made.

Retail Method

An inventory valuation method used by retailers that estimates inventory value by applying a cost to retail price ratio.

Estimated Cost

An approximation of the cost for goods or services, projected based on current information and past experience.

Retail Method

A pricing strategy used to estimate the value of a store's merchandise by considering the initial cost of inventory and its markup to retail price.