Which of the Following Statement Is True of the Four

question 2

Multiple Choice

Which of the following statement is true of the four scales of measurement?

• A)Ratio scales have no numerical or quantitative properties.
• B)Nominal scales allow researchers to rank order the levels of a variable being studied.
• C)In an interval scale, the intervals between the numbers are equal in size.
• D)In an ordinal scale, the categories cannot be ordered from first to last.

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Definitions:

CCA Rate

The Capital Cost Allowance rate, which is used for tax purposes to determine the yearly depreciation expense that can be claimed on tangible and intangible assets.

Depreciation Tax Shield

The reduction in income tax expense realized by depreciating fixed assets for tax purposes.

CCA Class

Classified as Capital Cost Allowance, it refers to the categorization in tax systems for claiming depreciation expense for tax purposes.

Borrowed Funds

Money that has been obtained through loans or credit from financial institutions or individuals, which typically needs to be repaid with interest.