Type of outcomes, which can never be measured in numerical terms in books of accounts are classified as
A. expected factors
B. recorded factors
C. qualitative factors
D. quantitative factors
Answer: Option C
Solution(By Examveda Team)
Type of outcomes, which can never be measured in numerical terms in books of accounts are classified as qualitative factors. Qualitative factors are outcomes from certain actions that are difficult or impossible to measure.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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