A Local Government Group Recently Conducted a Survey to Ask

question 74

Multiple Choice

A local government group recently conducted a survey to ask those living in the community if they would like to see a new pool facility built. The survey asked the following six questions:
1. Do you live in the community defined by zip codes 16801,16802, 16803 or 16804? Y_______ N_______
2. Do you currently own a membership to any community or private swimming pools? Y_______ N_______
3. How many people live at your residence.
1_______ 2_________ 3-6_________ 6+___________
4. Please indicate the combined annual income of the members of your residence in thousands of dollars. $__________________
Given the following scale answer questions 5 and 6.
1=Strongly Disagree, 2=Disagree, 3 =Neutral, 4=Agree, 5=Strongly Agree
5. Our community should build a new indoor pool facility. 1 2 3 4 5
6. I support spending tax dollars for recreational opportunities. 1 2 3 4 5
-Given the above survey, Item 5 would represent ________ level data.

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

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Definitions:

Accounts Payable

Money owed by a company to its creditors for goods and services that have been purchased on credit.

Gain

An increase in wealth or resources, typically realized through the sale of an asset for more than its purchase price.

Accrued Selling Expenses

Expenses that have been incurred but not yet paid in the selling process, recorded on the balance sheet.

Accrued Income Taxes

Taxes that have been incurred, but not yet paid, usually recognized at the end of an accounting period.