In the Four-Step Process of Developing Codes for Responses, in Which

question 13

Multiple Choice

In the four-step process of developing codes for responses, in which stage does one address the issue of missing data?

• A)Consolidation of responses
• B)Generating a list of potential responses
• C)Completing the partial responses with best judgment responses
• D)Assigning a value to each response
• E)Assigning a numerical value as a code

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Definitions:

Operating Activities

The primary revenue-producing activities of a business and other activities that are not investing or financing, which are reflected in the cash flows from operating activities section of the cash flow statement.

Merchandise Inventories

The total value of a company’s products currently available for sale, held by the business as assets.

Financing Activities

Activities that result in changes in the size and composition of the equity capital or borrowings of a company, as reported in the cash flow statement.

Treasury Stock

Treasury stock consists of shares that were issued and later reacquired by the issuing company, reducing the amount of outstanding stock on the open market.