Which of the Following Statements Is True of Case Studies

question 89

Multiple Choice

Which of the following statements is true of case studies?

• A) Case studies stimulate learning by actively involving participants and mimicking the competitive nature of business.
• B) Cases practice trainees in weighing and acting on uncertain outcomes after evaluating a case.
• C) Trainees play a largely passive role while being trained with case studies.
• D) Case studies do not encourage trainees to take risks.
• E) Training with case studies does not require any interaction among trainees.

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Definitions:

Book Value

The remaining value of a corporation's assets after subtracting its debts, as noted in the balance sheet.

Equity Method

An accounting technique used for recording investments in associate companies, where the investment is initially recorded at cost and adjusted thereafter for the post-acquisition change in the investor's share of the investee's net assets.

Equipment Account

An account on the balance sheet that represents the current value of the equipment owned by a company after adjusting for depreciation and amortization.

Acquisition Method

An accounting approach used for consolidating the financial statements of a parent company and its subsidiaries to present as one entity.