Match the Following Terms with Their Definitions

question 43

Multiple Choice

Match the following terms with their definitions.
-Ordinary interest

• A)360 days
• B)Principal times rate times time
• C)Cost of borrowing
• D)365 days
• E)Result of applying the U.S. rule
• F)Maturity value
• G)Partial payment must be applied to interest first
• H)Amount due on due date
• I)Amount of money borrowed
• J)Consumer groups against it

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Definitions:

Rating Scale

A tool used to capture responses or opinions by providing a set of categories that quantify characteristics, feelings, or attitudes.

Autobiography

A procedure that asks an individual to write subjective information that stands out in his or her life. In some ways, the information highlighted in an individual’s autobiography is a type of projective test of his or her unconscious mind. A type of record and personal document.

Strict Instructions

Detailed and precise directions given to participants to ensure standardization and reliability during the administration of a test or procedure.

Clients Asked

Inquiries or questions posed by individuals receiving services, typically within a professional or therapeutic context.