Which of the Following Are True Statements About a Likert

question 36

Multiple Choice

Which of the following are true statements about a Likert scale? Select all that apply.

• A) It is designed to determine the opinions or attitudes of study subjects.
• B) It is the least commonly used of the scaling techniques.
• C) The original version of the scale included three response categories.
• D) Sometimes seven options are given on a response scale,sometimes only four.
• E) It usually consists of 10 to 20 items,each addressing an element of the concept being measures.

Understand the effect of changes in sales, expenses, and assets on financial performance indicators.

Understand the concept of margin in ROI analysis and its computation.

Identify the benefits and drawbacks of using residual income as a performance measure.

Understand the implications of financial decision-making on company divisions.

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Definitions:

Management Accounting

The method of creating management reports and financial statements that offer precise and current financial and statistical data needed by managers for making daily and short-term choices.

Analytical Accounting

The practice of using financial and non-financial data to uncover trends and insights for business decision-making.

Planning

The process of making strategic decisions and setting objectives and goals for future organizational performance.

Goals And Objectives

The targets and specific outcomes that individuals or organizations aim to achieve through their actions and strategies.