Factor Analysis Can

question 60

Multiple Choice

Factor analysis can

• A) give psychological meaning to groups of traits.
• B) unquestionably determine the basic dimensions of personality.
• C) identify groups of items that go together.
• D) tell which items best differentiate normal and abnormal populations.

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Definitions:

Owner's Equity

The total value of assets a business owner has rights to after all liabilities are paid off; equity for sole proprietorships.

Liabilities

Financial obligations or debts that a company owes to others, including loans, accounts payable, and mortgages.

Owner's Equity

The residual interest in the assets of an entity that remains after deducting its liabilities; also known as shareholders' equity for corporations.

Revenues

Income earned by a company from its business activities; essentially the gross income figure from which costs are subtracted to determine net income.