The Likert Scale Is an Example of Which Type of Rating

question 102

Multiple Choice

The Likert scale is an example of which type of rating scale?

• A) categorical
• B) paired methods
• C) summative
• D) content

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Definitions:

Net Income

The earnings a company retains after removing all expenses and taxes from its revenue.

Periodic Inventory Method

An accounting method where inventory value and cost of goods sold are determined at the end of an accounting period.

Beginning Inventory

The price of items up for sale at the onset of a fiscal period.

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, representing the ownership interest of shareholders in a company.