An Informant Marks Items Describing the Presence or Absence of Specified

question 10

Multiple Choice

An informant marks items describing the presence or absence of specified behaviors,thoughts,events or circumstances.The informant is MOST likely completing a

• A) rating scale.
• B) structured interview.
• C) checklist.
• D) structured projective inventory.

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Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums.

Variable Cost

Expenses that change in proportion to the activity of a business, such as costs for raw materials that fluctuate with production volume.

Room Nights

A measure in the hospitality industry, representing the total number of nights that guests have booked to stay in a hotel.

Break-Even Point

The point at which total revenues equal total costs, resulting in neither profit nor loss.