What Is the General Purpose of Research

question 13

Multiple Choice

What is the general purpose of research?

• A) To support one's beliefs
• B) To increase the body of knowledge
• C) To develop new products and practices
• D) To bring distinction to the researcher

---

Definitions:

Sales Data

Information and records of the quantity, price, and terms of sales transactions, used for analysis and business planning.

Preceding Year

The year that directly comes before the current year, often used as a reference point for financial analysis or comparison.

Quick Ratio

A liquidity measure that indicates a company's ability to pay its current liabilities without relying on the sale of inventory, calculated as (current assets - inventory) / current liabilities.

Marketable Securities

Financial instruments that can be easily bought or sold on public stock exchanges or other financial markets.