Nominal Data

question 13

Multiple Choice

Nominal data:

• A) are ranked according to some relationship to one another.
• B) have constant differences between observations.
• C) are continuous and have a natural zero.
• D) are sorted into categories according to specified characteristics.

---

Definitions:

Income Statement

A report indicating a business's income, outgoings, and net earnings during a defined timeframe.

Income Tax Expense

The amount of money a company or individual owes to the government based on their taxable income for a given period.

Other Revenues

Income generated from activities that are not part of a company's primary operations, such as rental income, interest income, or gains from the sale of fixed assets.

Earnings Per Share

A financial metric calculating the portion of a company's profit allocated to each outstanding share of common stock.