For Each of the Following Items,discuss Which of the Four

question 36

Essay

For each of the following items,discuss which of the four data gathering methods would be most appropriate and why.
a.Eliciting 300 employees' opinions on a new incentive program to replace the current bonus program.
b.Identifying how the credit approval process for new customers is supposed to be conducted and by whom.

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Definitions:

Asset Revaluation

The upward or downward adjustment of the book value of an asset to properly reflect its current market value.

Profits

The financial gain obtained when revenues generated from business activities exceed the expenses and costs associated with those activities.

Investor

An individual or entity that commits capital with the expectation of receiving financial returns, often through the purchase of stocks, bonds, or other investment vehicles.

Deferred Tax Liability

A tax obligation that a company owes but has not yet paid, arising from temporary differences between accounting and tax treatments of income and expenses.