Which levels of measurement are considered qualitative data?
A) interval and ratio
B) nominal and interval
C) ordinal and ratio
D) nominal and ordinal
D
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A wage plan based solely on an employee's quantity of production is known as a(n):
a. Modified wage plan. b. Hourly-rate plan. c. Incentive wage plan. d. Piece-rate plan.
Sales to customers who use bank credit cards such as MasterCard and Visa are usually recorded by a
A) debit to Bank Credit Card Sales, debit to Credit Card Expense, and a credit to Sales B) debit to Cash and a credit to Sales C) debit to Cash, credit to Credit Card Expense, and a credit to Sales D) debit to Sales, debit to Credit Card Expense, and a credit to Cash
Options can be priced at the time of the grant at whatever price the board establishes
Indicate whether the statement is true or false
A $1,000 par value, 5% annual coupon bond matures in 4 years. The bond is currently priced at $965.35 and has a YTM of 6.0%. What is the Macaulay duration?
A) .43 years B) 3.68 years C) 2.81 years D) 4.00 years