Which of the Following Consist of Small-Ticket Items That Businesses

question 72

Multiple Choice

Which of the following consist of small-ticket items that businesses consume on an on-going basis but are not needed to develop a final product?

• A)accessory equipment
• B)convenience goods
• C)maintenance, repair, and operating products
• D)"Category B" inventory items

---

Definitions:

Quantitative

Refers to the measurement of something in terms of quantity or amount.

Categorical

Pertaining to data that can be divided into specific groups or categories that are mutually exclusive.

Data

Collected information or facts, typically numerical, that are used as a basis for reasoning, discussion, or calculation.

Categorical Variable

A type of variable that can take on one of a limited, and usually fixed, number of possible values, assigning each individual or other unit of observation to a particular group or nominal category.