The Research Method That Is Often Used to Obtain Information

question 150

Multiple Choice

The research method that is often used to obtain information concerning individuals' behaviours, attitudes, and/or opinions is the

• A) case study method.
• B) naturalistic observation method.
• C) correlation method.
• D) survey method.

Understand the principles behind survey research, including question design and data collection methods.

Grasp the concepts of validity and reliability in sociological research.

Recognize the implications of researcher's bias on the validity of research findings.

Understand the ethical considerations involved in obtaining informed consent from research participants.

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Definitions:

Collection Time

is the average number of days it takes for a business to convert its receivables into cash, reflecting the efficiency of its credit policies and collections.

Average Daily Float

The average daily float refers to the difference between checks written and checks cleared or deposited, highlighting the average amount of unprocessed checks within a certain timeframe.

Clearing Times

The time taken for the transfer of funds or securities from one party to another to be completed and the transaction to be settled.

Miller-Orr Model

A financial model used for cash management, it helps in determining the optimal level of cash balance and controls the costs associated with cash balances.