What type of scale uses words to indicate different gradations or levels of the respondent's opinion?

A) synthetic label metric scale
B) natural label metric scale
C) natural categorical scale
D) closed-ended scale
E) synthetic natural label scale


A

Business

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Income tax was $175,000 for the year. Income tax payable was $30,000 and $40,000 at the beginning and end ofthe year, respectively. Cash payments for income tax reported on the statement of cash flows using the directmethod is

a. $175,000 b. $165,000 c. $205,000 d. $215,000

Business

What type of risk is intentional failure by management to accurately disclose violations of debt covenants?

a. Inherent risk b. Fraud risk c. Control risk d. Detection risk.

Business

The calculation of cash for interest to be paid each interest period in connection with a bond payable is not influenced by any premium or discount upon issuance

Indicate whether the statement is true or false

Business

Current liabilities and shareholders' equity are sources of funds where the supplier of funds does not expect to receive them all back within the next year

Indicate whether the statement is true or false

Business