Which One of the Following Is an Example of an Interval

question 22

Multiple Choice

Which one of the following is an example of an interval level of measurement?

• A) height in inches)
• B) weight in pounds)
• C) age in years)
• D) temperature in degrees Fahrenheit)

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Definitions:

Discount on Bonds Payable

The difference between the face value of a bond and its selling price, when sold for less than its face value.

Amortization

The process of spreading out a loan or intangible asset cost over a specific period of time for accounting and taxation purposes.

Generally Accepted Accounting Principles

A collection of commonly-followed accounting rules and standards for financial reporting.