Which of the Following Is a Benefit of Observation as a Method

question 84

Multiple Choice

Which of the following is a benefit of observation as a method of data collection?

• A)It is accurate in measuring covert behavior.
• B)It is useful in studying cross-cultural differences.
• C)It can assess attitudes that cause certain behaviors.
• D)It can provide clear evidence of causal relationships.

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Definitions:

Adjustments Column

Part of an accounting worksheet where entries are made to update account balances before preparing financial statements.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders. Often reinvested in the business or used to pay off debt.

Income Summary Account

An account used to transfer the balances of temporary accounts to a permanent account at the end of an accounting period, summarizing revenue and expenses.

Closing Process

The procedure at the end of an accounting period where income and expense accounts are cleared out to start the new period with a zero balance.