Which of the Following Would Be Most Clearly a Nominal

question 47

Multiple Choice

Which of the following would be most clearly a nominal definition of poverty

• A)an annual income of less than $10,000.
• B)a deficiency of resources to the extent that one can't obtain a minimally acceptable lifestyle.
• C)an annual income that is less than one half of the median family income.
• D)all people who are receiving some form of public assistance.

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Definitions:

Financial Information

Reports and metrics detailing the economic status and performance of a company or individual.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the costs and expenses involved in making a product or providing a service.

Financial Information

Data regarding the financial operations, status, and health of an entity, including statements, transactions, and performance metrics.

Days' Sales in Inventory

A financial measure indicating the average number of days a company takes to turn its inventory into sales.