Which of the Following Is True of Longitudinal Studies

question 71

Multiple Choice

Which of the following is true of longitudinal studies?

• A) They are useful in examining trends in behavior or attitudes.
• B) They use data collected at one point in time.
• C) They are collected from same respondents at the same point of time.
• D) They are collected from different respondents at the same point of time.
• E) They are useful when one data about a particular year is needed.

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Definitions:

Perpetual Inventory

Perpetual inventory is a system that continuously updates inventory records to reflect sales, purchases, and inventory levels in real-time.

Inventory Turnover

A metric indicating the frequency at which a company's stock is sold and replenished within a given timeframe.

Sales In Inventory

The quantity of goods that are available for sale in a company's inventory.

Average Daily Cost

The average cost incurred by a business or an operation calculated on a daily basis.