Army Rank (Such as Soldier,corporal,sergeant,lieutenant Etcetera)is a Variable with an Ordinal

question 8

True/False

Army rank (such as soldier,corporal,sergeant,lieutenant etcetera)is a variable with an ordinal scale.

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Definitions:

Variable Costs

Expenses that directly fluctuate in proportion to the production or service activity level.

Activity

Any action or operation within a business or process.

Committed Fixed Costs

Long-term fixed costs that an organization has committed to, which are not easily changed, such as lease payments or insurance costs.

Short Term

Referring to a time frame typically less than one year, often relating to immediate goals, financial obligations, or investments.