One Important Distinction Between Ordinal Measures and Interval Measures Is

question 67

Multiple Choice

One important distinction between ordinal measures and interval measures is that interval measures ______.

• A) do not have a fixed zero point
• B) can be put into indexes
• C) the change between each value is equal
• D) are mutually exclusive and exhaustive

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Definitions:

Consolidation

The process of combining the financial statements of a parent company with those of its subsidiaries to present as if the group of companies was a single economic entity.

Amortization

The gradual reduction of a debt or the cost of an intangible asset over a specified period of time.

Acquisition

The method where one corporation acquires the majority or entirety of another corporation's shares to obtain dominance over that corporation.