Defining an Abstract Theoretical Concept So It Can Be Measured

question 24

Multiple Choice

Defining an abstract theoretical concept so it can be measured is a component of which concept?

• A) Experimentation
• B) Interpretation
• C) Operationalization
• D) Validation

---

Definitions:

Credit Memo

A document issued by a seller to a buyer, reducing the amount the buyer owes to the seller under the terms of an existing invoice.

Sold Merchandise

Refers to the goods or products that a company has sold to its customers as part of its ordinary business operations.

Sales Tax

A tax levied on sales of goods and services, typically calculated as a percentage of the sale price.

Inventory Shrinkage

The loss of inventory that can occur from theft, damage, or administrative errors.