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Financial factors measured in numerical terms, having some monetary value are considered as

A. qualitative factors

B. quantitative factors

C. expected factors

D. recorded factors

Answer: Option B

Solution(By Examveda Team)

Financial factors measured in numerical terms, having some monetary value are considered as quantitative factors. Quantitative factors are numerical outcomes from a decision that can be measured. These factors are commonly included in various financial analyses, which are then used to evaluate a situation.

This Question Belongs to Management >> Management Accounting

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