According to Browne and Keeley (2007), Statistics Are Not Always

question 30

Multiple Choice

According to Browne and Keeley (2007) , statistics are not always reliable because

• A) they are generally not based on verifiable evidence.
• B) the data which researchers wish to collect can be controlled by individuals.
• C) they do not necessarily prove what they appear to prove.
• D) they are complex and cannot easily be communicated to readers.

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Definitions:

Performance Measures

are metrics used to evaluate the efficiency, effectiveness, and productivity of an operation, employee, or process.

Interest Expense

The cost incurred by an entity for borrowed funds, paid as interest to lenders or creditors.

Operating Assets

Assets used in the day-to-day operations of a business to generate income.

Net Operating Income

A company's operating profit after subtracting operating expenses from gross profit, excluding taxes and interest payments.