Given the Following Computer Printout from a Factor Analysis, Which

question 24

Multiple Choice

Given the following computer printout from a factor analysis, which of the following statements is TRUE? ​

• A)There are seven factors.
• B)There are seven variables.
• C)Factor #7 could be eliminated from the analysis.
• D)Variable #2 is most important for factor #2.
• E)Variable #3 tells us nothing.

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Definitions:

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Adjusting Journal Entry

An entry in accounting that is made at the end of an accounting period to record any unrecognized income or expenses for the period.

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An item of value owned by an individual or corporation that is expected to provide future economic benefits.

Adjusting Entry

A journal entry made in accounting records to update the book values of certain assets or liabilities to their correct amounts.