The Names of the Positions in a Corporation,such as Chief

question 25

Multiple Choice

The names of the positions in a corporation,such as chief operating officer or controller,are examples of what level of measurement?

• A)Nominal
• B)Ordinal
• C)Interval
• D)Ratio

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Definitions:

Account Payable

Money owed by a business to its suppliers shown as a liability on the company's balance sheet.

Account Payable

Obligations or money owed by a company to suppliers or creditors for goods and services received that have not yet been paid for.

Note Payable

A written agreement where one party promises to pay another a definite sum of money at a future date or on demand, sometimes with interest.

FICA Tax Rate

The percentage of social security and Medicare taxes that both employees and employers must pay, based on wages paid.