Complex Coding Schemes Would Be Most Appropriately Used When

question 24

Multiple Choice

Complex coding schemes would be most appropriately used when:

• A)observers are required to make observations only for a short period of time.
• B)recording of observations will be done after observations have been completed.
• C)the group being observed is large and shifting in composition.
• D)one observer will make and record all of the observations.

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Definitions:

Petty Cash

A small amount of cash on hand used for minor or incidental expenses within a business.

Normal Balance

The side (debit or credit) of an account that is expected to have a greater balance based on standard accounting practices.

Asset

Resources owned or controlled by a business or individual that are expected to produce economic value or future benefits.

Petty Cash Fund

A small amount of cash kept on hand by a business for making immediate payments for small, incidental expenses.