Which of the Following Are Necessary in the Construction of Closed-Ended

question 37

Multiple Choice

Which of the following are necessary in the construction of closed-ended questions?

• A)the response categories may or may not be mutually exclusive
• B)the response categories must be exhaustive
• C)the researcher must focus on expanding responses
• D)the response categories must be dichotomous

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Definitions:

Depreciation

The purposeful spreading of the financial burden of a physical asset over its active life.

Accumulated Depreciation

The total amount of depreciation expensed over an asset's useful life, reducing its book value on the balance sheet.

Commercial Substance

A concept in accounting that indicates a transaction has caused a significant change in future cash flows.

Trade-In Allowance

The value credited to the purchaser when they trade in a used item towards the purchase of a new item.