A Research Design That Uses the Review of Past Events

question 39

Multiple Choice

A research design that uses the review of past events is which of the following?

• A) Prospective
• B) Retrospective
• C) Multifactorial
• D) Surveillance

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Definitions:

Service Costs

Expenses associated with providing services to customers, including labor, materials, and overhead costs.

Actual Cost Analysis

The process of examining the real and total costs incurred in the production of goods or provision of services, after the fact, to ensure accurate costing and pricing.

Indirect Costs

Expenses that are not directly traceable to a product, service, or project, such as rent, utilities, and administrative salaries.

Cost Centres

Divisions or units within an organization that do not directly generate revenue but incur costs, used for budgeting and cost control.