Qualitative Data_________

question 24

Multiple Choice

Qualitative data_________ .

• A)are nonnumerical and indicate a characteristic of something
• B)are high- quality data that have been peer reviewed
• C)are expressed as numbers and can be tested using statistics
• D)cannot be used to support or disprove hypotheses

---

Definitions:

Fixed

Typically refers to costs or assets that remain constant and do not vary with the level of activity or production.

Linear Relationship

A direct relationship between two variables that can be represented graphically as a straight line, indicating consistent proportionality.

Relevant Range

The range of activity within which assumptions about variable and fixed cost behavior are valid.

Activity Level

The volume of production or the degree of activity in a business operation, which can affect variable costs.