Evaluating Surveys and Survey Data Which of the Following Statements

question 37

Multiple Choice

Evaluating Surveys and Survey Data Which of the following statements describe a valid survey?

• A)Performance on the survey predicts actual behavior.
• B)The survey measures what you want it to measure.
• C)The survey provides the same results as other surveys designed to measure similar topics.
• D)all of these are correct

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Definitions:

Labor Cost

Refers to the total expense incurred by employers for the compensation of their workforce, including wages, benefits, and taxes.

Materials Cost

The total expense to an entity for all materials used in the production of a product or service.

Break-even Chart

A graphical representation used in financial analysis to show the point at which total costs and total revenue are exactly equal; thus, there is no loss or gain.

Break-even Point

The financial state where total costs and total revenues are equal, meaning there is no net loss or gain, and one has "broken even."