Which of the Following Is the Best Example of the Observational

question 140

Multiple Choice

Which of the following is the best example of the observational method?

• A) Chris puts a glass to the wall so that he can hear his parents argue.
• B) Elaine parks her car near a traffic light and records how many drivers run red lights.
• C) Gary stops people on the street to ask them how they voted in the last election.
• D) Twyla videotapes her sister's wedding, focusing on sentimental and silly moments.

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Definitions:

Managerial Accounting

The practice of analyzing and communicating financial information to managers for the pursuit of an organization's goals.

Specific Needs

Requirements or preferences unique to an individual or group, often used in the context of designing products or services to meet those unique requirements.

Historical Data

Information from the past used for analysis, including trends, to inform decision-making processes or predict future outcomes.

Estimated Data

Projections or approximations used in accounting and financial analysis to anticipate future results or values.