As Sally Is Completing a Survey,she Responds by Circling a 6

question 42

Multiple Choice

As Sally is completing a survey,she responds by circling a 6 (on a 1-7 itemized-rating scale) for all the questions without really paying attention to the questions.Sally has fallen victim to what researchers refer to as

• A)boredom.
• B)attention deficit.
• C)disinterest.
• D)reverse scaling.
• E)response set bias.

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Definitions:

FIFO

An inventory valuation method that assumes the first items placed in inventory are the first sold, standing for First In, First Out.

Gross Profit

The difference between sales revenue and the cost of goods sold, indicating the profitability of a company's core activities.

Periodic Inventory System

An accounting method where inventory is updated and cost of goods sold is calculated at the end of an accounting period.

FIFO

FIFO stands for "First-In, First-Out," an inventory valuation method where goods first acquired are sold or used first, ensuring that older inventory is used before newer inventory.