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1. To collect information on how well it is serving its customers, a restaurant places questionnaire cards on the tables, with card deposit boxes located near the exit.
a. Do you think that nonresponse error might influence the results of this effort? In what way(s)?
b. In addition to being a source of information to management, are the cards providing any other benefits? In what way(s)?
2. A mail survey of junior executives is designed to measure how much time they spend reading The Wall Street Journal each day and how they feel about the newspaper's content and layout. Formulate one question of each of the following types that might be included in the questionnaire: (a) multiple-choice; (b) dichotomous; (a) open-ended.
There are four methods of data collection used in the study of the current system: observation, documentation review, interviews, and questionnaires. Compare and contrast these four methods.
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The following data relate to direct materials costs for November: Actual costs 4,600 pounds at $5.50 Standard costs 4,500 pounds at $6.00 What is the direct materials quantity variance?
The deposits are based on the container cost marked up 20%. How much profit did Slotnick realize on the forfeited deposits?
If interest rates suddenly rise by 2 percent, what is the percentage change in the price of these bonds?
At the beginning of the current year, Willow Company adopts a pension plan and awards retroactive benefits to its employees.
sugarland company sells a single product and anticipates opening a new facility in charlotte on may 1 of the current
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