A Scale That Allows Things to Be Arranged Based on How

question 39

Multiple Choice

A scale that allows things to be arranged based on how much of some concept they possess is called a(n) _____ scale.

• A) quantitative scale
• B) nominal
• C) ordinal
• D) order

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Definitions:

Factors Receivables

The process of selling accounts receivable to a third party (factor) at a discount in exchange for immediate cash.

Accounts Payable

The amounts owed by a company to suppliers or creditors for goods and services received.

Cost of Goods Sold

Expenses directly tied to the production process of goods a company markets, including both materials and labor costs.

Accounts Receivable

The amount due from customers to a firm for the delivery of goods or services which remains unpaid.