Which of the Following Are Examples of Cross-Sectional Data

question 7

Multiple Choice

Which of the following are examples of cross-sectional data?

• A) The test scores of students in a class
• B) The current average prices of regular gasoline in different states
• C) The sales prices of single-family homes sold last month in California
• D) All of these choices are correct.

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Definitions:

Fiscal Period

A defined time period used for financial reporting and budgeting, typically a year, quarter, or month.

Accounts Receivable

Amounts owed to a company by customers for goods or services that have been delivered or used but not yet paid for.

Accumulated Depreciation-Building

The total amount of depreciation expenses that have been charged against a building asset over its useful life, reducing its book value.

Advertising Expense

The costs incurred in promoting products or services to potential customers through various media outlets.