Which of the Following Is NOT an Advantage of the Communication

question 64

Multiple Choice

Which of the following is NOT an advantage of the communication method in comparison to the observation method of data collection?

• A) Accuracy
• B) Cost
• C) Speed
• D) Versatility
• E) Ease of data collection

---

Definitions:

Contribution Margin Mix

A measure used in analyzing the relative profitability of different products or services, calculated by subtracting variable costs from sales to determine the contribution of each towards fixed costs and profits.

Sales Mix

refers to the proportion of different products or services that a company sells, impacting overall sales and profitability.

Bins

Containers or designated spaces used for storing inventory items in a structured manner.

Operating Leverage

A financial metric that measures the degree to which a firm or project can increase operating income by increasing revenue.