(Scenario II) Which of the Following Is a Potential Disadvantage

question 16

Multiple Choice

(Scenario II) Which of the following is a potential disadvantage to how data were collected in Scenario II?

• A) The participants may not have enough self-knowledge to accurately report their thoughts and feelings.
• B) The participants may have downplayed their depression and overstated their social life and family ties.
• C) Given the age of the participants, their answers may be subject to retrospective bias.
• D) All of the above are potential disadvantages.

---

Definitions:

Accounting Principle

Accounting principles are the rules and guidelines that companies must follow when reporting financial data, ensuring accuracy, consistency, and fairness in financial reporting.

Limited Liability Company

A legal form of business organization that combines elements of a corporation and a partnership or sole proprietorship, limiting the owners' personal liability.

Double Taxation

The imposition of two or more taxes on the same income, asset, or financial transaction, often seen in corporate dividends.

Owners Called Members

A term typically used in limited liability companies (LLCs) where the owners are referred to as members.