One Way to Ensure That Questions on a Survey Are

question 60

Multiple Choice

One way to ensure that questions on a survey are clear and unambiguous is to:

• A) establish a context in which questions are presented.
• B) use only open-ended questions.
• C) use only closed-ended questions.
• D) start with open-ended questions and follow with closed-ended questions.

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Definitions:

Costly Trade Credit

Refers to the higher cost associated with buying goods or services on credit, when compared to paying cash upfront, due to interest or fees imposed by the seller.

Effective Annual Rate

The real return on an investment, accounting for the effect of compounding over a period.

Discount

A reduction to the usual price of goods or services, or in finance, the difference between the face value of a bond and its selling price.

Forego Discount

Choosing not to take advantage of early payment discounts offered by suppliers or creditors.