Ask Accounting Basics Expert

1) Northwest Airlines applied mathematical models to determine which customers in its database were currently responsible for most of its profitability and which customers were not currently profitable but had similar characteristics to the most profitable customers. Northwest Airlines utilized _____ to identify these customers.

A. computer programming
B. data warehousing
C. customer relationships management
D. data mining

2) Minute Maid sees research as the fundamental first step in any business decision, and it created proprietary methods for conducting research. At what level of the hierarchy of business decision makers does Minute Maid operate?

A. Top tier
B. Middle tier
C. Base tier
D. Foundation tier

3) Which of the following questions is considered first when discussing a management dilemma?

A. How can management eliminate negative symptoms?
B. What does the manager need to know to choose the best alternative from the available sources of action?
C. What is the recommended course of action?
D. What symptoms cause management concern?

4) The goal of ethics in research is to _____.

A. ensure that no one is harmed
B. protect researchers from legal liability
C. identify what behavior is appropriate
D. ensure research sponsors fulfill their legal obligations

5) _____ occurs when the participants are told only part of the truth or when the truth is fully compromised.

A. Coercion
B. Deception
C. Informed consent
D. Debriefing

6) The process of stating the basic dilemma and then developing other questions by progressively breaking down the original question into more specific ones is called the _____.

A. research question
B. management-research question hierarchy
C. management dilemma
D. management question

7) The fundamental weakness in the research process is _____.

A. incorrectly defining the research question
B. identifying a flawed sampling frame
C. misdefining the target population
D. failing to identify all relevant secondary information

8) Which type of management question asks what do we want to achieve?

A. Choice of purpose
B. Evaluation of solutions
C. Troubleshooting
D. Control

9) In the Southeast, the potato chip market share held by the Lays brand is 46%. This is an example of _____.

A. a research question
B. a descriptive hypothesis
C. a relational hypothesis
D. an explanatory hypothesis

10) An increase in hours of television viewing leads to increases in the sales of snack foods. This is an example of a _____.

A. research question
B. descriptive hypothesis
C. correlational hypothesis
D. causal hypothesis

11) To be categorized as a customer, an individual must have a history of shopping at the establishment at least twice before the start of the study with expenditures of more than $10. This is an example of _____.

A. a hypothetical construct
B. a conceptual scheme
C. an operational definition
D. a dictionary definition

12) James is entering data on client gender. Because the values entered reflect male or female, this variable is _____.

A. discrete
B. dichotomous
C. continuous
D. ratio-scaled

13) Which variable in an experiment is the variable expected to be affected by the manipulation?

A. Dependent variable
B. Extraneous variable
C. Moderating variable
D. Independent variable

14) Qualitative research seeks to _____ theory while quantitative research _____ it.

A. examine; interprets
B. build; tests
C. test; understands
D. apply; builds

15) Which of the following is true of quantitative research?

A. It uses a nonprobability sampling method
B. Results are generalizable
C. Data analysis is ongoing during the project
D. Sample sizes are generally small

16) The use of a control group in experimentation _____.

A. provides for the manipulation of the independent variable
B. serves as a comparison to assess the manipulation
C. minimizes the cost of experimentation
D. allows for discovery of the average effect of the independent variable in different situations

17) What is the first step in conducting an experiment?

A. Specify the level(s) of the treatment
B. Choose the experimental design
C. Control the experimental environment
D. Select relevant variables

18) Data originating from studies that are conducted by others and created for a purpose different from the purpose of the study for which the data are being reviewed are called _____ data

A. primary
B. secondary
C. quantitative
D. statistical

19) The goal of a formal study is to _____.

A. discover future research tasks
B. expand understanding of a topic
C. test hypotheses
D. provide insight

20) A _____ scale is a scale that scores an object or property without making a direct comparison to another object or property.

A. ranking
B. rating
C. categorization
D. sorting

21) What type of data is produced by simple category scales?

A. Nominal
B. Ordinal
C. Interval
D. Ratio

22) _____ is the extent to which a measurement tool actually measures what we wish to measure.

A. Reliability
B. Validity
C. Practicality
D. Significance

23) The list of elements in a population from which the sample is drawn is known as the _____.

A. sampling frame
B. population extent
C. database
D. sampling base

24) The process of ensuring the accuracy of data and their conversion from raw form into classified forms appropriate for analysis is called _____.

A. coding
B. data entry
C. data preparation
D. data measurement

25) _____ involves assigning numbers or other symbols to answers so that the responses can be grouped into a limited number of categories

A. Editing
B. Data entry
C. Coding
D. Measurement

26) The standard error of the estimate is a type of measure of _____.

A. central tendency
B. accuracy
C. significance
D. standard deviation

27) _____ are summary descriptors of variables of interest in the population

A. Sample statistics
B. Population parameters
C. Systematic estimates
D. Standard errors

28) The measure of deviation from the mean such that cases stretch toward one tail or the other is called _____.

A. kurtosis
B. platykurtic
C. skewness
D. ku

29) Which of the research questions/hypotheses below is best answered using cross-tabulations?

A. What percentage of men and women prefer Brand A over Brand B?
B. What percentage of residents shop at the local grocery store?
C. Is brand loyalty related to brand image?
D. What happens to sales when prices drop?

30) If a difference is not caused only by random sampling fluctuations, it is said to have _____.

A. resistance
B. statistical significance
C. substantive significance
D. reasonable doubt

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91336914
  • Price:- $40

Guranteed 36 Hours Delivery, In Price:- $40

Have any Question?


Related Questions in Accounting Basics

Question what discoveries have you made in your research

Question: What discoveries have you made in your research and how does this information inform your ability to evaluate effective coaching and its impact on organizations? Consider these guiding questions: 1. What core c ...

Question requirement 1 read the article in below attachment

Question: Requirement: 1. Read the article in below attachment, and answer the questions in a paper format. Read below requirements before your writing! 2. Not to list the answers, and you should write as a paper format. ...

Question as a financial consultant you have contracted with

Question: As a financial consultant, you have contracted with Wheel Industries to evaluate their procedures involving the evaluation of long term investment opportunities. You have agreed to provide a detailed report ill ...

Question the following information is taken from the

Question: The following information is taken from the accrual accounting records of Kroger Sales Company: 1. During January, Kroger paid $9,150 for supplies to be used in sales to customers during the next 2 months (Febr ...

Assignment 1 lasa 2-capital budgeting techniquesas a

Assignment 1: LASA # 2-Capital Budgeting Techniques As a financial consultant, you have contracted with Wheel Industries to evaluate their procedures involving the evaluation of long term investment opportunities. You ha ...

Assignment 2 discussion questionthe finance department of a

Assignment 2: Discussion Question The finance department of a large corporation has evaluated a possible capital project using the NPV method, the Payback Method, and the IRR method. The analysts are puzzled, since the N ...

Question in this case you have been provided financial

Question: In this case, you have been provided financial information about the company in order to create a cash budget. Management is seeking advice or clarification on three main assumptions the company has been operat ...

Question 1what step in the accounting cycle do adjusting

Question: 1. What step in the accounting cycle do Adjusting Entries show up 2. How do these relate to the Accounting Worksheet? 3. Why are they completed at the end of each accounting period? The response must be typed, ...

Question is it important for non-accountants to understand

Question: Is it important for non-accountants to understand how to read financial statements? If you are not part of the accounting/finance function in a business what difference would it make? The response must be typed ...

Question refer to the hat rack cash flow statement 2002 in

Question: Refer to the Hat Rack Cash Flow Statement, 2002 in the text on page 17. Answer the following questions and submit to me via Canvas by the due date. 1. Cash flow from operations? 2. Cash flow from investing? 3. ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As