Fact Pattern 29-1A

question 71

Multiple Choice

Fact Pattern 29-1A
Excel Vehicles, Inc., makes and sells automobiles to auto dealers, including Fine Auto Sales. Fine sells the cars to consumers and businesses.
-Refer to Fact Pattern 29-1A. A car in Fine's possession is probably

• A) a consumer good.
• B) an accession.
• C) equipment.
• D) inventory.

---

Definitions:

Laboratory Research

Experimental or observational study conducted in a controlled, indoor setting designed specifically for scientific inquiry.

Field Research

A research methodology that involves collecting data outside of a laboratory setting, directly in the environment where phenomena occur.

Research Settings

Refer to the environments or contexts in which scientific studies or experiments are conducted, varying from laboratories to natural settings.

Descriptive Research

Research that aims to accurately and systematically describe a population, situation, or phenomenon.