Likert-Format Questions Use a Scale Anchored by ______

question 30

Multiple Choice

Likert-format questions use a scale anchored by ______.

• A) words with opposite meanings
• B) "strongly agree" and "strongly disagree"
• C) 0 and 10
• D) "yes" and "no"

---

Definitions:

Quick Ratio

The quick ratio, also known as the acid-test ratio, is a measure of a company's ability to meet its short-term obligations using its most liquid assets, excluding inventory.

Current Ratio

A financial ratio indicating how well a company can cover its short-term debts with assets that can be quickly converted into cash within a year.

Decimal Place

The position of a number to the right of the decimal point, used to represent fractions of a whole in decimal notation.

Horizontal Analysis

A financial analysis technique that compares historical financial data over a series of reporting periods to identify trends and growth patterns.