SEM Is Used When ____

question 38

Multiple Choice

SEM is used when ____.

• A)explanation is just as important as prediction
• B)explanation is more important than prediction
• C)explanation is not important
• D)explanation is less important than prediction

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Definitions:

Principals

Refers to the original sum of money borrowed in a loan, or put into an investment.

Gross Cost

Gross cost refers to the total cost of a product or service before any deductions, such as discounts or rebates, are applied.

Commission

A fee paid to an agent or employee for conducting a transaction or service, usually a percentage of the sale price.

Principals

The main parties involved in a financial transaction or agreement, often referring to the owners or significant stakeholders.