A Trained Researcher Was Sent on a Caribbean Cruise to Pose

question 65

Multiple Choice

A trained researcher was sent on a Caribbean cruise to pose as a "hard-to-please" customer in order to evaluate the level of service offered by the crew. This example shows how:

• A) all good observations should be disguised.
• B) observation techniques may raise ethical questions.
• C) physical traces provides tangible evidence.
• D) structured observation is legal.
• E) unstructured observation is legal.

---

Definitions:

Level 1 Input

denotes the highest-quality and most transparent valuation inputs for financial reporting, such as quoted prices in active markets for identical assets or liabilities.

Trademarks

Signs, designs, or expressions that identify products or services of a particular source from those of others.

Primary Measurement

The initial quantification of financial transactions in terms of money, serving as the basis for further financial analysis and reporting.

Exit Price

The amount that would be received from selling an asset or transferred liability in an orderly transaction between market participants.