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A Graduate Student Is Almost Done with His Dissertation When

question 121

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A graduate student is almost done with his dissertation when he is informed that twenty years ago someone did a similar project and already demonstrated what he had hoped to be the first to discover. What basic step of the scientific method should have saved him from this problem?


Definitions:

Date of Sale

The specific day on which a transaction is completed and ownership of goods or assets is transferred.

Date of Payment

The specific day on which a payment is due or processed.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services provided on credit.

Average Collection Period

The average number of days it takes for a business to collect its receivables from customers.

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