A Scale of Measurement That Has Equal Distances Between Adjacent

question 83

Multiple Choice

A scale of measurement that has equal distances between adjacent scale points but does not have a true zero point is known as:

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

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Definitions:

Depreciation Expense

The portion of the cost of a fixed asset that is recorded as an expense each year of its useful life.

Cash Payments

Transactions involving the outflow of cash to settle obligations or purchase goods and services.

Cash Budget

A forecast of cash inflows and outflows over a certain period, used to manage the company's cash balance and ensure liquidity.

Sales Clerk

An employee who handles the exchange of goods for payment, typically in a retail setting, assisting customers in finding products and completing purchases.