Which of the Following Is Not a Role of Accounting

question 244

Multiple Choice

Which of the following is not a role of accounting in business?

• A) to provide reports to users about the economic activities and conditions of a business
• B) to personally guarantee loans of the business
• C) to provide information to external users to determine the economic performance and condition of the business
• D) to assess the various informational needs of users and design its accounting system to meet those needs

Understand the characteristics and applications of unstructured interviews in qualitative research.

Recognize the various roles of a researcher in the qualitative study context.

Comprehend the grounded theory approach and its applicability to social interactions and contexts.

Identify key perspectives and practices of qualitative researchers.

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Definitions:

Assumptive Close

A sales technique where the salesperson assumes that the customer has already decided to purchase and moves directly to the closing of the sale.

Urgency Close

A sales technique that creates a sense of immediacy among potential buyers with the aim of quickly closing a deal.

Consultative Close

A sales technique that involves recommending a solution or product based on the understanding of the customer's needs attained through consultation.

Personal Selling Process

A series of steps salespeople follow to engage potential buyers, understand their needs, and close sales, including prospecting, approaching, presenting, handling objections, and closing.