When Time Is an Important Consideration,which Data Collection Method Is

question 58

Multiple Choice

When time is an important consideration,which data collection method is best?

• A)mail surveys
• B)drop-off surveys
• C)in-home interviews
• D)telephone surveys
• E)in-office interviews

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Definitions:

Commercial Substance

A concept in accounting that indicates a transaction has significantly changed the economic conditions or the cash flows of an entity.

Units-Of-Production

A method of depreciation that distributes an asset's cost across its lifespan according to the quantity of units manufactured.

Double-Declining-Balance

An accelerated method of depreciation that doubles the rate at which an asset's book value decreases, resulting in higher depreciation expenses in the early years.

Straight-Line Method

A depreciation technique that allocates an equal amount of depreciation expense for a tangible asset over each year of its useful life.