Which of the Following Is True of an Ordinal Scale

question 15

Multiple Choice

Which of the following is True of an ordinal scale?

• A) It is the most basic and least powerful scale design.
• B) It allows researchers to make absolute comparisons between responses.
• C) It allows responses to be rank-ordered in a hierarchical pattern.
• D) It is less powerful than a nominal scale.
• E) It can measure absolute differences between scale points.

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Definitions:

Accounts Payable

Liabilities or amounts owed by a company for goods or services that have been received but not yet paid for.

Periodic System

An inventory accounting system where goods are physically counted at the end of a specific period to determine the cost of goods sold and ending inventory.

Purchases Returns and Allowances

Refers to a reduction in the cost of purchases due to items being returned or allowances provided by the seller for damaged or unsatisfactory goods.

Merchandise Inventory

Goods that a company holds for the purpose of sale to customers in the ordinary course of business.