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Free_Kalibri [48]
2 years ago
13

Greg is compiling a survey on consumer preferences. In order to achieve the most accurate snapshot of their likes and dislikes,

he should follow the 20/20 rule: include at least 20 questions and ask respondents to spend approximately 20 minutes answering the questions. Group startsTrue or False
Business
1 answer:
erik [133]2 years ago
8 0

It is false that the allocation of approximately 20 minutes to answer the questionnaire will allow to achieve the most accurate snapshot of their likes and dislikes on the consumer preferences survey.

The method of data collection used in this case is known as Questionnaire.

  • The number of minute used by respondent to answer question on the questionnaire does not determine the accuracy of their inputs.

In conclusion, It is false that the allocation of approximately 20 minutes to answer the questionnaire will allow to achieve the most accurate snapshot of their likes and dislikes on the consumer preferences survey.

Read more about Respondent:

<em>brainly.com/question/18151532:</em>

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An audit of historical financial statements most commonly includes the Group of answer choices income statement, the statement o
Advocard [28]

Answer:

balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Examples of financial statements includes Balance sheet, cash-flow and income statement.

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

Thus, an audit of historical financial statements most commonly includes the balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

6 0
3 years ago
George Corporation had the following transactions occur in the current year: 1. Cash sale of merchandise inventory. 2. Sale of d
timurjin [86]

Answer: Three items will appear being;

2. Sale of delivery truck at book value

5. Sale of a debt security held as an available-for-sale investment

6. Collection of loan receivable.

Explanation:

The Investment Section of the Cash Flow Statement contains activities related to investment such as the buying or selling of fixed assets and the buying or selling of other company stocks or bonds.

Out of the above therefore, there are 3 activities that would fall under this section of the Cash Flow Statement.

They are;

2. Sale of delivery truck at book value.

- This refers to the sale of a Fixed asset and as such it goes to the investment section.

5. Sale of a debt security held as an available-for-sale investment.

- As a debt security of another firm that was considered available for sale, this goes to the Investment Section as well.

6. Collection of loan receivable.

- Finally, collection of loan receivable means that the company loaned money to another company making it an investment related cash inflow as it is a long term Investment income source.

7 0
3 years ago
the money supply represents the amount of money the federal reserve bank makes available for people to buy goods and services. q
arsen [322]

The main source of income for the Federal Reserve System is interested in US government assets that the Federal Reserve has purchased through open market activities.

<h3>What determines the supply of money?</h3>

The Central Bank controls the money supply through its "monetary policy," and the economy must function with that predetermined amount of money. The money supply is seen as entirely vertical because the economy has no bearing on its amount (on models).

By increasing or decreasing the monetary base, the Fed can regulate the amount of money in circulation. The amount of money in circulation plus the deposits that depository institutions have with the Federal Reserve make up the monetary base, which is correlated with the size of the Fed's balance sheet.

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4 0
2 years ago
Is there any way for a monopoly to operate more efficiently than a competitive market? why or how?.
irga5000 [103]

The equilibrium point in a competitive market exists at the point of optimal market efficiency.

<h3>What is competitive market?</h3>

A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.

In economics, especially general equilibrium theory,  A perfect market also understood as an atomistic market, is determined  by several idealizing requirements, collectively anointed perfect competition or atomistic competition.

No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.

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7 0
2 years ago
In the context of entrepreneurial behavior, the need for affiliation is the need to excel.
mr Goodwill [35]

Answer:

False

Explanation:

The need for affiliation refers to the need people have to feel that they are part of a social group. People that have a high need for affiliation requires close relationships and needs to be approved by the people that are close to them. Also, they want to feel that they are part of something that has an important impact. According to this, the statement that says that the need for affiliation is the need to excel is false.

8 0
3 years ago
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