Which of the Following Statements About Constructs Is True

question 26

Multiple Choice

Which of the following statements about constructs is True?

• A) They are directly measured.
• B) They are made up of a combination of several related indicator variables.
• C) Their development requires the use of nominal scales to measure absolute differences between scale points.
• D) They are observable concepts.
• E) Their development begins with an accurate definition of the purpose of the study.

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Definitions:

NSF Check

An NSF (Non-Sufficient Funds) check is a check that cannot be processed because the account on which it is drawn does not have enough funds to cover the amount of the check.

Bank Reconciliation

The process of comparing a company's bank account's records to its financial records and adjusting for differences to ensure accuracy.

Customer's Note

A written promise to pay a specific amount of money on demand or at a certain time.

Bank Reconciliation

A process used in accounting to ensure the balance of a company's bank account matches its financial records, identifying discrepancies such as outstanding checks or bank errors.