Classify each of the following data as one of the three data types (categorical, ordinal, or quantitative.) Data Data type a. Customer name b. Customer satisfaction ranking c. Department d. Interest revenue e. Inventory cost f. Letter grades for coursework g. Number of units sold h. Political orientation (left, center, right) i. Product description j. Sales revenue k. Salesperson name l. Socioeconomic status

Classify each of the following data as one of the three data types (categorical, ordinal, or quantitative.) Data Data type a. Customer name b. Customer satisfaction ranking c. Department d. Interest revenue e. Inventory cost f. Letter grades for coursework g. Number of units sold h. Political orientation (left, center, right) i. Product description j. Sales revenue k. Salesperson name l. Socioeconomic status

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 5MC: Which of the following represents the components of the income statement for a manufacturing...

See similar textbooks

Data	Data type
a.	Customer name
b.	Customer satisfaction ranking
c.	Department
d.	Interest revenue
e.	Inventory cost
f.	Letter grades for coursework
g.	Number of units sold
h.	Political orientation (left, center, right)
i.	Product description
j.	Sales revenue
k.	Salesperson name
l.	Socioeconomic status

Similar questions

Use the following information to answer the questions that follow. A. Calculate the operating income percentage for each of the stores. Comment on how your analysis has changed for each store. B. Perform a vertical analysis for each store. Based on your analysis, what accounts would you want to investigate further? How might management utilize this information? C. Which method of analysis (using a dollar value or percentage) is most relevant and/or useful? Explain.
Which of the following represents the components of the income statement for a service business Sales Revenue - Cost of Goods Sold = gross profit Service Revenue - Operating Expenses = operating income Sales Revenue - Cost of Goods Manufactured = gross profit Service Revenue - Cost of Goods Purchased = gross profit
Choose a company and describe how a specific issue, policy, or procedure (for example, granting merchandise returns, establishing sales prices) might look if the business is structured as a centralized business.
Which of the following represents the components of the income statement for a manufacturing business? A. Sales Revenue - Cost of Goods Sold = gross profit B. Service Revenue - Operating Expenses = gross profit C. Service Revenue - Cost of Goods Manufactured = gross profit D. Sales Revenue - Cost of Goods Manufactured = gross profit
Organizational charts _____. A. list the salaries of all employees B. outline the strategic goals of the organization C. show the structure of an organization D. help management measure financial performance
Which of the following is not a type of Management Report in QBO? Select one: a. Company Overview b. Expenses Performance c. Sales Performance d. Financial Review
Which of the following represents the components of the income statement for a merchandising business? Select one: a. Service Revenue – Operating Expenses = gross profit b. Sales Revenue – Cost of Goods Sold = gross profit c. Service Revenue – Cost of Goods Purchased = gross profit d. Sales Revenue – Cost of Goods Manufactured = gross profit
For each of the following, indicate whether the item would be reported on the balance sheet (B/S),reported on the income statement (I/S), or not shown in the financial statements (Not) and whetherit relates to a service company (SC) or merchandising company (MC).Financial Statement Type of CompanyInventorySales RevenueCost of Goods Available for SaleService Revenue
With the information provided in the image: Prepare a multi-step income statement. Calculate the company's return on sales ratio.
Which of the following represents the components of the income statement for a merchandising business? a.Service Revenue – Operating Expenses = gross profit b.Sales Revenue – Cost of Goods Sold = gross profit c.Service Revenue – Cost of Goods Purchased = gross profit d.Sales Revenue – Cost of Goods Manufactured = gross profit
IN BUSINESS MATHEMATICS DIRECTION: COMPLETE THE FOLLOWING TABLE SELLING PRICE , COST, MARKUP, MARK-UP BASED ON SELLING PRICE, MARK-UP BASED ON COST
How are summary statistics regarding sales useful to the marketing department?