What Is the Problem with This Measure of University Student

question 53

Multiple Choice

What is the problem with this measure of university student age? Please indicate your age:
(i) 17 to 18 years old
(ii) 19 to 20 years old
(iii) 21 to 22 years old

• A)Its attributes are mutually exclusive.
• B)Its attributes are not exhaustive.
• C)Its attributes are exhaustive.
• D)Its attributes are double-barrelled.
• E)There is nothing wrong with it.

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Definitions:

Finished Goods

Products that have completed the manufacturing process and are ready to be sold.

Raw Material

Basic substances in their natural, modified, or semi-processed state used as inputs to a production process for manufacturing goods.

Beginning Inventory

The value of all inventory held by a company at the start of an accounting period, which includes raw materials, work-in-progress, and finished goods.

Merchandise Purchases

The acquisition of goods that a company intends to sell in its normal course of business; this includes goods bought for resale.