Answer: Ordinal scale.
Explanation:Ordinal scale is the level of measurement that gives the ranking of data without showing the degree of variation between them. It helps in identifying if object has more or less characteristic when compared to another object but does not tell the exact weight of the characteristic. Data in Ordinal scale is usually given in order of magnitude since there is no standard of measurement of differences. For example 1=most willing to 5=least willing.
Answer:
Goal formation is a process of how a goal is initiated or added to, while goal displacement is a process whereby goals are shifted out, changed, toned down or removed from the original set.
Answer:
The answer is letter C
Explanation:
The quantity of goods or services that can be produced by one hour of work
Answer:
are achieved when a firm reduces its average cost of production as it produces more.
Explanation:
Economies of scale is reduction in the average cost as production increases due to the large size of the firm which makes it more efficient.
It is large firms that enjoy economies of scale.
Economies of scale can be achieved by buying supplies in large quantities. When firms buy in large quantities, they enjoy discounts which reduces their average cost. This is a form of internal economies of scale.
I hope my answer helps you.
Answer: Any previous years’ financial statements are retrospectively restated to reflect the correction.
Explanation:
If an accounting error that is material is discovered in a period after the period that the error was made, every financial statement that was affected will have to be restated so that the correction is reflected by them. This was the entries on the books will be more accurate.
For instance, if a material error that occurred in 2017 is discovered in 2020, then the '17, '18 and the '19 statements have to be corrected to reflect that there was an error that needed correcting.
