Which Statement Is True About Correspondence Analysis

question 59

Multiple Choice

Which statement is true about correspondence analysis?

• A) An advantage over other MDS techniques is that it reduces the data collection demands put on the respondents because only interval or ratio data are obtained.
• B) A disadvantage is that between-set distances cannot be meaningfully interpreted.
• C) The interpretation of results is similar to that in chi-square analysis.
• D) All of the statements are true.

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Definitions:

Comprehensive Income

The total change in equity for a business enterprise during a period from transactions and other events from non-owner sources.

GAAP

Stands for Generally Accepted Accounting Principles, which are a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.

Accrued Taxes

Taxes that have been incurred but not yet paid during a given accounting period, representing a liability on the company's balance sheet.

Operating Cash Flow

Cash generated from a company's everyday business operations, indicating its ability to generate sufficient positive cash flow to maintain and grow its operations.