When Data Are Organized into Levels, the Highest Data Level

question 63

Multiple Choice

When data are organized into levels, the highest data level is:

• A) interval level data.
• B) nominal level data.
• C) ordinal level data.
• D) ratio level data.

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Definitions:

Quarterly

Happening quarterly or four times annually.

Trust Fund

A legal arrangement through which assets are held by a third party for the benefit of another party or parties.

Compounded Quarterly

The process in which interest is calculated and added to the principal amount every quarter of the year.

Deposits

Money placed into a bank account or given as a security for a contractual agreement.