________ Questions Allow Respondents to Answer in Their Own Words

question 3

Multiple Choice

________ questions allow respondents to answer in their own words and often reveal more about how people think.

• A) Open-end
• B) Dichotomous
• C) Likert scale
• D) Multiple choice
• E) Semantic differential

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Definitions:

Straight-line Method

A method of calculating depreciation by evenly spreading the cost of an asset over its useful lifespan.

Operating Leases

Leasing agreements for the use of assets without the intent of ownership transfer, where payments are considered operating expenses.

Time Value

A concept stating that money available now is worth more than the same amount in the future due to its potential earning capacity.

Concept

A general idea or understanding that represents a class of thoughts, objects, or phenomena within a certain framework or theory.