Types of Data. We'll talk about data in lots of places in The Knowledge Base, but here I just want to make a fundamental distinction between two types of data: qualitative and quantitative. The way we typically define them, we call data 'quantitative' if it is in numerical form and 'qualitative' if it is not.
FC: Foreign Country (IRB) FC: Family Circle (magazine) FC: Financial Consultant: FC: Financial Center: FC: Financial Controller: FC: Financial Company: FC: Fine Condition (used books/collectibles) FC: Family Channel (ABC/Disney) FC: Foreign Corporation: FC: Financial Cryptography and Data Security
Memorize this: FC% = (BI + P - EI) / S. Food cost is calculated by taking your beginning (AKA opening) inventory for the period (e.g. at Oracle itâs one week) and adding all of your purchases to that number. You then subtract the ending (AKA closing) inventory number. This gives you the theoretical value of what you used that week in product.