A Difference in Quantitative Indicators and Qualitative Indicators Is

question 156

Multiple Choice

A difference in quantitative indicators and qualitative indicators is

• A)quantitative indicators differ based of who is doing the measuring whereas qualitative indicators are the same among individuals since each one has a unique perspective.
• B)qualitative indicators are subjective while quantitative indicators are objective.
• C)quantitative indicators always consist of numerical amounts while qualitative indicators are not numerical.
• D)quantitative indicators are financial and qualitative indicators are non-financial.

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Definitions:

Manufacturing Firms

Companies that produce finished goods from raw materials through the use of labor, machinery, and equipment.

Merchandising Firms

Companies that purchase inventory in a finished form for the purpose of reselling it to consumers without further processing.

Manufacturing Firms

Companies engaged in the transformation of raw materials into finished products through the use of labor, tools, machinery, and chemical processing.

Merchandising Firms

Businesses that purchase finished goods for resale, typically operating in the retail or wholesale sectors.