One of the Disadvantages of Focus Groups Is That

question 74

Multiple Choice

One of the disadvantages of focus groups is that:

• A) clients are allowed to observe the participants.
• B) results must be subjectively interpreted.
• C) although the cost-per-participant is low, representativeness is also low.
• D) focus groups constitute representative samples.
• E) it is difficult to access special respondent groups such as lawyers or doctors.

Recognize the role of activity level changes in the variance analysis process.

Distinguish between variable and fixed costs in the context of budgeting and variance analysis.

Comprehend the process for calculating activity, revenue, and spending variances.

Analyze the impact of actual activity levels on budgeted costs and revenues.

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Definitions:

Second Great Awakening

A period of religious revival in the United States that began in the late 18th century and continued into the early 19th century, characterized by widespread revivals and a strong sense of social justice and reform.

Social Reform

The process of enacting measures and changes in society with the intention of improving conditions and correcting injustices, often focusing on issues like poverty, education, and public health.

Second Great Awakening

A Protestant religious revival movement in the early 19th century United States, marked by a focus on personal piety, and social reforms.

Kentucky

A state located in the southeastern part of the United States, known for its horse racing, bourbon distilleries, and the historic Kentucky Derby.