The Delphi Technique Is Designed for Use by Groups

question 104

Multiple Choice

The Delphi technique is designed for use by groups

• A) that are very large
• B) that are very small.
• C) that do not meet face-to-face.
• D) that have suffered from groupthink in the past.
• E) that are familiar with the rules of brainstorming.

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Definitions:

Closing Entries

Entries recorded at the conclusion of an accounting cycle to shift balances from temporary accounts to permanent ones.

Adjusted Trial Balance

A list of all the accounts and their balances after adjusting entries have been made, used to verify the equality of debits and credits and to prepare financial statements.

Dividends Account

An account used to record the distribution of earnings to shareholders, often in the form of cash or additional shares.

Trial Balance

A trial balance is a bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.