The Creation of Correspondence Maps Requires That Data Be Collected

question 15

Multiple Choice

The creation of correspondence maps requires that data be collected at the ________ level of measurement.

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

---

Definitions:

Capital Lease

A lease classified as a purchase by the lessee for accounting purposes, where the lessee obtains significant ownership rights over the asset.

Operating Lease

is a rental agreement allowing a lessee to use an asset temporarily without ownership, typically with terms significantly shorter than the asset's life.

Operating Cash Flows

The cash generated from the normal operating activities of a business, reflecting its ability to generate positive cash flow to maintain and grow its operations.

GAAP

Generally Accepted Accounting Principles, a collection of commonly-followed accounting rules and standards for financial reporting in the United States.