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"A Scheme for Converting Responses into Numerical Values

question 23

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"A scheme for converting responses into numerical values.This means is that, when describing results, numbers can be used rather than words." What is this a glossary definition of?


Definitions:

CRA

Canada Revenue Agency, the federal agency that administers tax laws for the Government of Canada and for most provinces and territories.

Lease Agreement

A contract specifying the terms under which one party agrees to rent property owned by another party.

Economic Life

Refers to the duration over which an asset remains productive or useful for its intended purpose.

Capital Lease

A lease agreement that is considered a purchase of an asset for accounting purposes, because it transfers substantially all the risks and rewards of ownership.

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