The Intent of ________ Data Is Not to Amass Data

question 39

Multiple Choice

The intent of ________ data is not to amass data or to search for statistical significance,but rather to obtain a better understanding of given situations,behavioral patterns,or underlying dimensions.

• A)unstructured
• B)structured
• C)qualitative
• D)quantitative
• E)primary

Recognize the importance of selecting appropriate cost drivers in the allocation of costs.

Understand how indirect and direct costs are allocated within departments and across products.

Learn how to compute allocation of maintenance, advertising, and other indirect costs based on different bases such as square footage and sales values.

Differentiate between service, cost, and profit centers within an organization.

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Definitions:

Semicircular Canals

Structures in the inner ear that help a person maintain balance; each of the three canals is positioned at right angles to the other two.

Cochlea

A spiral-shaped canal in the inner ear that contains the hearing receptors.

Lacrimal Glands

Small, almond-shaped glands located in the upper outer part of each eye that produce tears, which help lubricate and protect the surface of the eye.

Enzymes

Biological molecules that act as catalysts, speeding up chemical reactions in living organisms, essential for digestion, metabolism, and other bodily functions.