Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 11 - Decision Making and Relevant Information - Assignment Material - Questions - Page 458: 11-4

Answer

Quantitative factors are things we can measure with numbers, like costs or on-time arrivals. Qualitative factors are more about qualities or feelings, like employee morale, which are harder to measure with numbers.

Work Step by Step

Quantitative factors are things we can measure with numbers, like costs or on-time arrivals. Qualitative factors are more about qualities or feelings, like employee morale, which are harder to measure with numbers.
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