Which of the Following Statements Is Correct

question 38

Multiple Choice

Which of the following statements is correct?

• A) "Precise measurement" means the same thing as "accurate measurement".
• B) An accurate measurement must be precise.
• C) A precise measurement must be accurate.
• D) A precise measurement is not necessarily accurate.

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Definitions:

Effective Price

The final price after accounting for rebates, discounts, or other financial adjustments.

Empowerment

The act of giving power or authority to someone, enhancing their capabilities and confidence.

Centralization

The concentration of decision-making and administrative power within a central group or location within an organization.

Divestiture

Selling off parts of the organization to refocus attention on core business areas.