In Open Coding, the Researcher

question 45

Multiple Choice

In open coding, the researcher

• A) categorizes data into manageable segments.
• B) makes connections between and across categories of data.
• C) reviews data for specific categories.
• D) compares each unit with previous categories to determine if a new code is needed.

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Definitions:

General Ledger Control Account

A General Ledger Control Account is a summary account that consolidates the total balances of all accounts in a subsidiary ledger, used to maintain integrity in financial reporting.

Subsidiary Ledger

A detailed ledger that contains the individual accounts with a common characteristic, supporting entries recorded in a general ledger.

Accounting Period

The span of time at the end of which a company's financial statements are prepared, typically a quarter or year.

Cost Effectiveness

A measure of the economic efficiency in terms of the cost incurred for a given outcome or result.