What Level of Measurement Allows You to Arrange Attributes from Greater

question 28

Multiple Choice

What level of measurement allows you to arrange attributes from greater than to less than, but does not allow you to tell how much greater or how much less than one attribute is from another?

• A) nominal
• B) ordinal
• C) interval
• D) ratio

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Definitions:

Accounts Receivable Turnover

A financial ratio indicating how many times a company's receivables are turned over and collected in cash during a period.

Current Ratio

A liquidity ratio that measures a company’s ability to pay short-term and long-term obligations, calculated as current assets divided by current liabilities.

Total Current Assets

The sum of all assets likely to be converted into cash within a year, including cash, marketable securities, accounts receivable, and inventory.

Total Current Liabilities

These are obligations that a company is required to pay within one year or within the normal operating cycle.