When Are Records or Data-Available Methods of Data Collection Appropriate

question 2

Multiple Choice

When are records or data-available methods of data collection appropriate?

• A) When the research subjects are illiterate
• B) When the participants are not reliable historians
• C) When the goal of research is to analyze trends and change over time
• D) When the researcher suspects that the subject may be attempting to alter responses in an attempt to please the researcher

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Definitions:

Income Before Taxes

The amount of revenue left after deducting all operating expenses, interest, and depreciation, but before paying income taxes.

Straight-Line Method

A depreciation technique where an equal amount of depreciation is charged for each year of the asset's useful life.

Semiannual Interest

Interest that is calculated and paid twice a year, often used in the context of bonds and loans.

Effective Interest Method

An accounting practice used for calculating the amortized cost of a bond and the interest expense over the bond's life based on the effective interest rate.