Which Is a Discrete Variable

question 90

Multiple Choice

Which is a discrete variable?

• A)The time it takes to put on a pair of jeans
• B)The price you paid for your last pair of jeans
• C)The distance to the store where you purchased your last pair of jeans
• D)The number of pairs of jeans that you own

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Definitions:

Cash Collections

The process of gathering and managing the cash from sales, financing, or other sources of revenue for a business.

Revenue Recognition

The accounting standard that identifies the exact circumstances where revenue is considered or documented.

Percentage of Completion

Percentage of completion is an accounting method used to recognize revenue and expenses of long-term projects proportionally to the work completed.

Realizable Revenue

The amount of revenue that is considered to be collectible from goods sold or services rendered.