Test
ACC341 - Topic 4
Preguntas del test (5)
1The ranking of items in a balance sheet by liquidity is an example of what type of scale?
- AOrdinal
- BNominal
- CInterval
- DRatio
2What is the key advantage a ratio scale has over an interval scale?
- AEqual units
- BEqual gaps between units
- CA neutral zero point
- DRank order
3Which of the following is a characteristic of fiat measurement:
- AConsistency
- BArbitrary definitions
- CAccuracy
- DReliability
4Accounting is best described as a form of:
- AFundamental measurement
- BDerived measurement
- CRatio measurement
- DFiat Measurement
5Reliability in measurement is best exhibited by which of the following accounting methods:
- AContinuously Contemporary Accounting
- BHistorical Cost Accounting
- CFair values
- DPresent values
Información
- Descripción
- Test sobre ACC341 - Topic 4, creado por mentor el 15/09/2014.
- Autor
- mentor
- Idioma
- English
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