Why Is It Important to Know How the Questions Were

question 79

Multiple Choice

Why is it important to know how the questions were worded?

• A) Because some people might not understand the language
• B) Because leading questions can skew results
• C) To determine if respondents lied
• D) Because this increases the margin of error
• E) Because pronunciation is vital to understanding

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Definitions:

Exposure Draft

A document issued by accounting or regulatory bodies for public comment, outlining proposed changes to accounting standards.

Contractual Cash Flows

The cash flows that are specified within the terms of a contract, especially important in the context of financial instruments.

Amortized Cost

The accounting method of gradually reducing the cost value of an intangible asset through periodic charges to expense.

Minority Passive Equity Securities

Investments in equity instruments where the investor does not have significant influence or control over the operations of the investee.