The Essential Function of an Operational Definition Is That It

question 432

Multiple Choice

The essential function of an operational definition is that it translates something

• A)observable into something abstract and measurable
• B)relevant into something abstract and observable
• C)observable into something abstract and relevant
• D)abstract into something observable and measurable

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Definitions:

Stock Dividend

A payment made by a corporation to its shareholders in the form of additional shares rather than cash.

Market Price

The current price at which an asset or service can be bought or sold in a particular market.

Prior Period Adjustment

An accounting entry made to correct errors that were made in previous financial reporting periods.

Amortization Expense

The process of gradually writing off the initial cost of an intangible asset over its useful life.