Categorizing People According to Whether They Voted Yes or No

question 87

Multiple Choice

Categorizing people according to whether they voted yes or no on a particular issue is an example of a(n) ________ scale.

• A) interval
• B) nominal
• C) ratio
• D) ordinal

---

Definitions:

Inventory Purposes

Refers to the reasons a company maintains inventory, which typically include meeting customer demand, ensuring production continuity, and managing supply chain risks.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the operating cycle of a business.

Fixed Assets

Long-term tangible assets used in the operations of a business and not expected to be converted to cash in the near term.

Times Interest Earned

Times Interest Earned is a financial ratio that measures a company's ability to meet its debt obligations based on its current earnings before interest and taxes (EBIT).