Calculating the Median Is an Appropriate Measure for All of the Following

question 39

Multiple Choice

Calculating the median is an appropriate measure for all of the following, except a(n) :

• A) interval scale.
• B) ordinal scale.
• C) ratio scale.
• D) nominal scale.

---

Definitions:

Journalizing

Journalizing is the process of recording transactions in a company's journal prior to posting them to the general ledger.

Posting Process

The procedure of transferring entries from a company's journal into the appropriate accounts in its ledger, which helps in summarizing financial activities.

Trial Balance

A financial record-keeping sheet that consolidates the balances of various ledgers into uniform debit and credit column totals.

Journalizing

The process of recording transactions in a journal or ledger in the field of accounting.