Which Single Characteristic Is Unique to Nominal Level of Measurement

question 46

Multiple Choice

Which single characteristic is unique to nominal level of measurement?

• A) description
• B) order
• C) distance
• D) origin
• E) numbers

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Definitions:

Incremental Sales

The additional sales generated from a specific marketing campaign, sales activity, or product change, beyond regular expected sales.

Straight-Line Depreciation

A technique for distributing the expense of a physical asset evenly across its lifespan.

After-Tax Discount Rate

After-tax discount rate is the rate used to determine the present value of future cash flows after considering the effects of taxes.

Working Capital

The difference between a company's current assets and current liabilities, indicating its operational liquidity.