Which Statement Is Not Correct About Measurement

question 5

Multiple Choice

Which statement is not correct about measurement?

• A)The assignment of numbers to characteristics must be isomorphic.
• B)The rules for assigning numbers should be standardized and applied uniformly.
• C)The placement of individual companies on the annual revenue continuum represents measurement.
• D)All of the above statements are not true.

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Definitions:

Straight-Line Depreciation

An approach to evenly spread an asset's purchase price over the span of its useful life.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the strategic objectives of an organization, such as acquiring new machinery or expanding operations.

Incremental Sales

Additional sales generated by a specific business activity or decision, such as a marketing campaign or product launch.

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding direct labor and materials costs.