Which of the Following Is an Advantage of Cross-Sectional Research

question 409

Multiple Choice

Which of the following is an advantage of cross-sectional research?

• A) gives reliable information about age changes
• B) cohort effects are easy to separate
• C) explains how and when changes might have occurred
• D) easy and straightforward

---

Definitions:

Ledger Entries

Records of financial transactions within a company’s general ledger, detailing accounts affected and the amounts for each transaction.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts, thereby preparing the books for the next period.

Adjusted Trial Balance

A list of all the accounts and their balances after adjusting entries are made, used for preparing financial statements.

Revenue Accounts

Accounts used in accounting to record the company's income from its operations or activities.