Quantitative Variables Use Which Two Levels of Measurement

question 22

Multiple Choice

Quantitative variables use which two levels of measurement?

• A)Ordinal and ratio
• B)Interval and ordinal
• C)Nominal and ordinal
• D)Interval and ratio

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Definitions:

IFRS 10

Refers to the International Financial Reporting Standard that provides guidance on the consolidation of all entities that an investor controls, defining the principles of control and how it should be assessed.

Consolidated Financial Statements

Financial statements that provide a comprehensive overview of a company's financial position by combining the accounts of the parent company with those of its subsidiaries.

Regulatory Organization

An entity established by a government to regulate specific activities, industries, or professions.

Public Market

A transparent and regulated marketplace where securities, commodities, and other financial instruments are traded.