Question : 131.The ethical guideline requiring that information about a research study : 1231079

Psychology

131.The ethical guideline requiring that information about a research study be disclosed to potential research participants before they participate is referred to as

A)prior approval.

B)prior consent.

C)informed consent.

D)ethical approval.

E)informational disclosure.

132.An ethical guideline intended to protect a research participant’s privacy involves

A)obtaining informed consent.

B)maintaining confidentiality.

C)ensuring anonymity.

D)obtaining prior approval by an ethics review panel.

E)destroying research records after participation.

133.Ethics review committees are typically composed of

A)laypersons only.

B)professionals only.

C)samples of research participants from the population under study.

D)both professionals and samples of research participants.

E)both professionals and laypersons.

134.Which of the following is NOT a concern regarding animal research?

A)justification of intended benefits of the research

B)protection from unnecessary harm

C)approval from a review board

D)informed consent

E)approval from institutional review boards

135.Which of the following is NOT a characteristic of critical thinking?

A)a questioning attitude

B)avoidance of oversimplification and overgeneralization

C)an open mind

D)reliance on common sense

E)considering alternative explanations

136.Generalizing from research presented in the text, which Internet user is most likely to have poorer academic performance as a result of their Internet use?

A)Abigail, who uses the Internet to visit chat rooms

B)Brooke, who uses the Internet to do research

C)Courtney, who uses the Internet to access newsgroups for class assignments

D)Abigail, Brooke, and Courtney are all predicted to have deterioration in their academic performance; all Internet use was associated with poorer academic performance

E)None of the students will experience poorer academic performance; Internet use has not been found to affect student performance

137.Trustworthy online information is most likely to be provided by all but which of the following?

A)government agencies

B)APA and APS

C)scientific journals

D)professional organizations

E)private corporations

138. Your professor stated that stress can lead to heart disease. She cited several medical studies to show that stress was linked to heart disease. Therefore, she said we should avoid all forms of stress in order to ensure living a long and healthy life. The professor needs to rethink advice based on which of the following features of critical thinking?

A) avoiding oversimplification

B)considering alternative explanations

C) confusing correlation with causation

D)avoiding overgeneralization

E) all of the above

139. Jeremy’s roommate frequently goes online to find information he can use in the papers he writes for a health science class. The roommate uses a search engine (Google) and visits the first few sties that turn up on the search. Jeremy’s roommate needs to understand that

A) online health information is usually accurate and reasonably complete.

B) online health information provided by private corporations has been checked for accuracy.

C) online health information is frequently inaccurate and uninterpretable.

D) online health information is usually accurate, but incomplete.

E) online health information is generally as accurate as information published in scientific journals.

140. One of the main reasons that information published in scientific journals is trustworthy is because

A) these journals pay for fact checkers to verify information before it is published.

B) these journals generally post information online before it is published so others can review it.

C) the articles are peer-reviewed by other professionals prior to publication.

D) the articles are written by researchers who have proven themselves to be reliable.

E) none of the above.

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July 1, 2023

21. The percentage-of-sales procedure arises from the idea that uncollectible amounts will vary with the volume of credit business. The firm estimates the appropriate percentage by studying its own experience or by inquiring into the experience of similar firms. Default rates generally fall within the range of .01% to .02% of credit sales.

22. The percentage-of-completion method measures the proportion of total work carried out during the accounting period either from engineers' estimates of the degree of completion or from the ratio of costs incurred to date to the total costs expected for the entire contract.

23. A common-size income statement expresses each expense and net income as a percentage of
A. assets.
B. revenues.
C. liabilities.
D. expenses.
E. shareholders’ equity.

24. If the firm has received a promise of payment but cannot measure this promise with reasonable reliability,
A. U.S. GAAP would permit revenue to be recognized, but IFRS would not permit revenue to be recognized.
B. U.S. GAAP would not permit revenue to be recognized, but IFRS would permit revenue to be recognized.
C. neither U.S. GAAP nor IFRS would permit revenue to be recognized.
D. U.S. GAAP and IFRS would permit revenue to be recognized.
E. none of the above

25. Which section includes income derived from a firm’s primary business activities as well as from activities peripherally related to operations? (The firm expects these sources of earnings to continue.)
A. income from continuing operations
B. income, gains, and losses from discontinued operations
C. extraordinary gains and losses
D. retained earnings
E. paid-in-capital

26. Operating risks
A. include variability in sales from changing economic conditions (cyclicality risk).
B. include variability in sales from short product life cycles (because of technological change or changes in consumer taste).
C. include variability of earnings that arises when the firm has a high proportion of fixed costs that do not change as sales change.
D. Answers a, b, and c are correct.
E. None of these answer choices is correct.

27. Ulrich Co. sells an asset to a buyer for a total sales price of $6,000 with a payment schedule of $2,000 in year 1, $2,000 in year 2, and $2,000 in year 3. The cost of the asset is $5,000. Under the cost-recovery-first method, what amount of net profit is recognized in year 3?
A. $2,000
B. $1,000
C. $666.67
D. $333.33
E. $0

28. Which of the following is true regarding income recognition?
A. The seller must have substantially performed its obligations to the customer (for example, by transferring ownership of goods to the customer).
B. The seller must have obtained an asset from the customer that it can reliably measure. If the asset is not cash, the seller must be reasonably certain of converting it into cash.
C. The firm recognizes expenses when it consumes assets.
D. If an event or transaction leads to the recognition of revenue, the firm matches the consumption of any assets (the expense), in time, with the revenue recognized.
E. all of the above

29. Cowden Properties

Cowden Properties sold a condominium to Ms. Roberts for $90,000. Cowden originally acquired the condo at a cost of $40,000 and made improvements to the unit totaling $20,000. The contract for sale required Ms. Roberts to pay the $90,000 as follows: