Discuss the Advantages and Disadvantages of Two of the Following

question 56

Essay

Discuss the advantages and disadvantages of two of the following methods for collecting data: observation,surveys and interviews,standardized tests,and case study.

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Definitions:

Credit

An entry recording an increase in assets or decrease in liabilities and equity on the company’s balance sheet, or the provision of goods or services in exchange for a promise of payment in the future.

Equity

The value of an ownership interest in property, including shareholders' equity in a company, represented by the assets minus liabilities.

Revenues

The total amount of money generated by the sale of goods, services, or other income for a company before any expenses are deducted.

Equity

The value of an asset after deducting the amount of all liabilities on that asset, representing an owner's interest in a company.