In General, Experiments Can Best Be Described as a Method

question 389

Multiple Choice

In general, experiments can best be described as a method whereby

• A) a sample of the population are polled to determine their opinions and attitudes.
• B) researchers believe in looking for emerging concepts after the experiment is begun.
• C) researchers test for evidence of a social process by comparing a small group of people who are chosen to be as similar as possible.
• D) randomization and replication are not considered important.

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Definitions:

Comprehensive Income

A measure of all changes in equity of a company that result from recognized transactions and other economic events of the period other than those resulting from investments by and distributions to owners.

Unrealized Gains

Profits from investments that have increased in value but have not yet been sold for cash.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenues.

Gain Contingencies

Potential increases in assets or decreases in liabilities that may occur as a result of a future event, and which are acknowledged in financial statements if they are probable and can be reasonably estimated.