Which of the Following Is an Example of Basic Research

question 18

Multiple Choice

Which of the following is an example of basic research?

• A) conducting animal testing to determine if a product contains irritants
• B) soft drink bottlers testing consumer reactions to their advertisements
• C) a statistician calculating the odds of winning a promotional sweepstakes that a company is running
• D) a catalog sales company timing its operators to see how many calls each is handling per day
• E) a chemist building a mathematical model of the atmosphere of Jupiter

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Definitions:

T-Accounts

A graphic representation of a general ledger account that outlines the debit and credit sides to visualize the effect of transactions on the account.

Reversing Entries

Entries executed at the onset of an accounting cycle to annul or reverse the adjusting records that were established at the end of the last period.

Journal Entries

Recordings in accounting journals of the financial transactions made by a business, showing debits and credits for each transaction.

Salary Payroll

The total amount paid by an employer to its employees as salaries over a specified period.