Figure 8-4,Question 5 -What Kind of Question Is the Following? "Place an 'X

question 65

Multiple Choice

Figure 8-4,Question 5

-What kind of question is the following? "Place an 'X' in the space that describes your view of this test." Easy __ __ __ __ __ Difficult

• A)Likert scale
• B)semantic differential scale
• C)dichotomous question
• D)open-ended question
• E)sensitivity analysis question

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Definitions:

Gross Margin

The difference between sales revenue and the cost of goods sold, expressed as a percentage of sales revenue.

Variable Cost

Charges that fluctuate in accordance with the degree of business operations or output levels.

Cost of Goods Sold

The immediate outlays necessary for the crafting of goods a business sells, involving materials and labor.

Variable Selling Expenses

Selling expenses that fluctuate with sales volume, such as commissions and shipping fees.