A Bivariate Relationship Between Two Variables Measured at the Ordinal

question 32

Multiple Choice

A bivariate relationship between two variables measured at the ordinal level or higher in which the variables vary in opposite directions is called a

• A)strong link.
• B)weak link.
• C)positive relationship.
• D)negative relationship.

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Definitions:

Service Fee

A charge for the provision of a service, often added to the basic price of the service.

Journal Entries

The basic unit of accounting record that details a financial transaction, showing debits and credits to accounts impacted by the transaction.

Honoring

The act of fulfilling or adhering to agreements, commitments, or payments.

Dishonoring

Dishonoring occurs when a promised payment, such as a check or electronic payment, is not completed due to insufficient funds or rejection by the bank.