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(Scenario I) Suppose the participants surveyed in Scenario I were asked to respond to survey items using a 5-point scale in which 1 = very satisfied and 5 = very dissatisfied. Which of the following does NOT describe this type of scale?
Useful Life
The estimated period over which a fixed asset is expected to be usable by an organization.
Discount Rate
The interest rate used to discount future cash flows to their present value, often used in investment valuation and project evaluation.
Annual Net Cash Inflows
The total amount of cash received minus cash expenses over a year.
Net Present Value
The discrepancy in the present valuation of incoming and outgoing cash flows within a certain timeframe.
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