Which of the Following Statements About the Importance of Literature

question 1

Multiple Choice

Which of the following statements about the importance of literature review to the research process is accurate?

• A) Literature review guides all steps of the research process.
• B) Literature review is necessary only in defining the problem statement.
• C) Literature review provides a vehicle to disseminate the findings of the study.
• D) The value of literature review is limited to finding gaps or inconsistencies in the knowledge base.

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Definitions:

Pre-Tax Cost

The expense or cost of an item or service before any taxes are applied.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used in capital budgeting to assess profitability of investments.

After-Tax Cost

The actual cost of an investment or financing after taking into account the effects of taxation.

Cost of Equity

The theoretical compensation a company provides to its shareholders for the risk associated with investing their money.