Which of the following is an example of a ratio scale?

a) Temperature in Fahrenheit
b) Attitudinal score between 0-100
c) Smoker: Yes/No
d) Rating of TV programme: good/ average/ poor


b) Attitudinal score between 0-100

Business

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Long-term assets are $5,000, current liabilities are $700, and long-term liabilities are $3,000 . If the current ratio is 3 to 1, then current assets are

a. $9,000 b. $6,900 c. $4,300 d. $2,100

Business

Which nontraditional work schedule gives employees the benefit of an extra day off by allowing them to work their usual number of hours in fewer days per pay period?

a. Flextime b. Compressed workweek c. Job sharing d. Telecommuting

Business

The term focused processes refers to the quest for increased efficiency, whether in goods or services, that results from specialization

Indicate whether the statement is true or false

Business

The needs and expectations of external customers are different from those of consumers

a. True b. False Indicate whether the statement is true or false

Business