Celia Is Taking an Interest Inventory

question 15

Multiple Choice

Celia is taking an interest inventory. One of the questions asks her to select her preferred activity from among traveling, reading books, and cooking. The question does not give her a "none of the above" option. What is the format of the interest inventory called?

• A)check-all-that-apply format
• B)constructed response format
• C)multiple choice format
• D)forced-choice format

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Definitions:

Balance Sheet

A financial statement that provides a snapshot of a company's financial position, including assets, liabilities, and equity, at a specific point in time.

Residual Dividend Policy

A strategy where a company pays dividends to its shareholders only after all its investment and operational costs are met.

Dividend Payout Ratio

The percentage of a company's earnings paid to shareholders in dividends.