Your University Decides It Will Create a Panel of Consumers

question 100

Multiple Choice

Your university decides it will create a panel of consumers in your local area.The purpose of the panel is to report the local population's attitudes,preferences,and intentions on a variety of local issues.In the first administration of the panel,the questions asked for voter preferences for an upcoming local election.In the second administration,questions submitted to the panel asked for their attitudes about the quality of the drinking water and air in your area.Which type of panel has your university created?

• A)continuous panel
• B)inquisitional panel
• C)discontinuous panel
• D)repeatability panel
• E)exploratory panel

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Definitions:

Transaction

An agreement or exchange between two or more parties that is recorded and has a financial impact on the business.

T-Account

A graphical representation of a ledger account, showing two sides for debits and credits, used in accounting.

Ledger Account

A record that keeps track of all the financial transactions pertaining to a specific account, forming part of the general ledger.

Transactions

The actions carried out between two or more parties that involve the exchange of goods, services, or financial assets.