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DaniilM [7]
3 years ago
10

Which of the following statements about the experimental method of data collection is true? a. It is the most commonly used meth

od for gathering primary research data b. The method is inexpensive and easy to use c. It is commonly used in the test marketing of new products in isolated geographic areas d. It is useful in obtaining information on consumer interests and opinions e. It is commonly used to gather external secondary data
Business
1 answer:
Tpy6a [65]3 years ago
6 0

Answer: The correct answer is "c. It is commonly used in the test marketing of new products in isolated geographic areas."

Explanation: The statement "It is commonly used in the test marketing of new products in isolated geographic areas." is true about the experimental method of data collection.

The experimental method of data collection is that by which an experiment is performed establishing the appropriate conditions of the place to run the test and thus collect data effectively.

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Discount to be amortized per payment                $5,690

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Dec.  31 Bond interest expense             $56,900

              Discount on bonds payable                      $5,690

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              (Interest on bond paid and Premium amortized)

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