Which of the Following Is True About Qualitative Data Analysis

question 42

Multiple Choice

Which of the following is true about qualitative data analysis?

• A) Data analysis occurs in three stages: description, analysis, and interpretation.
• B) Data are usually collected and analyzed item by item.
• C) Methodology is clearly described in most research reports.
• D) There is a very different order for data handling than in quantitative research.

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Definitions:

Variable Costs

Variable costs are expenses that change directly and proportionally with the level of production or business activity, such as raw materials and direct labor costs.

Direct Materials

Raw materials that are directly incorporated into a final product and can be easily traced to it.

Fixed Costs

Fixed costs are business expenses that do not change with the level of goods or services produced by the business, such as rent, salaries, or loan payments.

Flexible Budget

A flexible budget adjusts to changes in actual revenue or activity levels, allowing for more accurate comparisons and performance assessments.