Which of the Following Is a NOT a Disadvantage of Person-Administered

question 86

Multiple Choice

Which of the following is a NOT a disadvantage of person-administered surveys?

• A)They are slower than other methods.
• B)They are more expensive.
• C)They are prone to errors.
• D)They are rigid,not adaptable.
• E)Respondents may fear interview evaluation.

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Definitions:

FIFO

"First-In, First-Out," an inventory valuation method assuming goods are sold in the order they are acquired, affecting the cost of goods sold and ending inventory.

Average-cost Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the average cost of all similar items available during the period.

Cost of Goods Sold

The specific costs incurred during the manufacturing of a company's merchandise for sale.

Inventory

The raw materials, work-in-process products, and finished goods considered to be the portion of a business's assets that are ready or will be ready for sale.