Frequency of Occurrence Can Represent Either of Two Measurement Scales

question 44

Multiple Choice

Frequency of occurrence can represent either of two measurement scales depending upon whether only a single observation of each person is made or several observations of the same individual are made.Frequency of occurrence can represent either

• A)nominal or ordinal scales.
• B)nominal or ratio scales.
• C)ordinal or interval scales.
• D)interval or ratio scales.

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Definitions:

Disbursement of Funds

The act of paying out money from a fund or account to cover expenses or investments.

Collateral Position

Collateral is property or assets that a borrower offers to a lender as security for a loan, which can be taken by the lender if the borrower fails to repay.

Stretching Payables

Paying invoices after they’re due according to the terms of sale. Also called leaning on the trade.

Short-term Loans

Loans that are scheduled for repayment within a short timeframe, usually less than one year.