Which of the Following Primary Scales of Measurement Is Used

question 41

Multiple Choice

Which of the following primary scales of measurement is used only for classification purposes?

• A) ordinal scales
• B) ratio scales
• C) nominal scales
• D) interval scales
• E) random scales

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Definitions:

Non-cumulative

Referring to preferred stocks or dividends that do not accumulate or carry forward unpaid dividend amounts if they are not declared in a given period.

Preferred Stock

A category of corporate equity that takes precedence over common stock in terms of asset claims and earnings, typically offering stable dividend payments.

Par-value

The face value of a bond or stock as stated by the issuing company, which may differ from the market value.

No-par Common Stock

A type of common stock that does not have a par value assigned, representing an ownership interest in a corporation.