Which of the Following Is a Potential Disadvantage to Using

question 110

Multiple Choice

Which of the following is a potential disadvantage to using the survey method to answer questions of interest?

• A) Surveys are almost always representative of the population to be sampled.
• B) It is possible to collect large amounts of survey data in a relatively short period of time.
• C) Surveys may allow us to begin to understand those behaviors that we know the least about.
• D) You cannot be sure that answers are completely honest to questions about sensitive topics.

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Definitions:

Liabilities

Financial obligations or debts owed by a business to external parties or entities, which must be settled over time through the transfer of economic benefits.

Revenue

The total amount of money received by a company from its business activities, such as selling goods or services, before any expenses are subtracted.

Debit Balance

Refers to the balance remaining in a financial account where debts or expenses exceed the credits or revenues.

Footing

Footing is the process of summing up the numerical values in an accounting column to determine the total, typically as a preliminary step in the preparation of financial statements.