Each of the Following Is an Example of Quantitative Data,except

question 32

Multiple Choice

Each of the following is an example of quantitative data,except

• A) weight in ounces.
• B) income in dollars.
• C) political affiliation.
• D) age in years.

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Definitions:

Acquisition Differential

The difference between the purchase price of a company and the fair value of its net identifiable assets.

Consolidated Income Statement

An income statement combining the revenue, expenses, and net income of a parent company and its subsidiaries, presenting a comprehensive total for the corporate group.

Amortization

The process of gradually writing off the initial cost of an asset over its useful life.

Acquisition Differential

The difference between the purchase price of a company and the fair value of its identifiable assets and liabilities.