Which of the Following Is an Example of a Quantitative

question 30

Multiple Choice

Which of the following is an example of a quantitative test result?

• A) Trace
• B) Small
• C) 2 
• D) 500 mg/dL
• E) Positive

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Definitions:

Variable Overhead Rate

The ratio of variable overhead costs to an activity base, used to allocate variable overhead costs to products or services.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process or providing services.

Ending Cash Balance

The amount of cash a company has at the end of a given financial period, reflecting all cash inflows and outflows.

Budgeted Cash Receipts

Projected cash inflows for a future period, based on sales forecasts and other receipts.