Q389
Type of outcomes that can be measured in numerical terms are classified as
A.
qualitative factors
B.
quantitative factors
AnswerC.
expected factors
D.
recorded factors
Answer: Option B
Solution
Answer: Option B
Solution:
Type of outcomes that can be measured in numerical terms are classified as quantitative factors. Quantitative factors are outcomes from certain actions that are measurable in numbers or numeric terms. In other words, managers can quantify the effects of a decision. This could include measuring costs, revenues, or even non-financial data for outcomes to a decision.