What Type of Research Is Being Conducted to Answer the Question

question 27

Multiple Choice

What type of research is being conducted to answer the question: "Would this target market be interested in this type of new product?"

• A)causal research
• B)exploratory research
• C)situation analysis research
• D)descriptive research

---

Definitions:

Personal Property

Assets that are movable and not permanently attached to one location, including tangible items like furniture and intangible entities like intellectual property.

Units-of-Activity Method

A depreciation method where the expense is based on the number of hours used or units produced by an asset, rather than the passage of time.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.

Residual Value

The estimated value of an asset at the end of its useful life.