A Disadvantage of Using Credit as a Source of Liquidity

question 73

Multiple Choice

A disadvantage of using credit as a source of liquidity is the

• A) inconvenience of using credit.
• B) potential cost of finance charges.
• C) acceptability of credit by creditors.
• D) poor records available after credit use.

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Definitions:

Posttest-Only Control

A research design in which outcomes are measured only after the experimental intervention, without a pretest, to assess the intervention's effect.

Group Equivalence

A condition in experimental research where the groups being compared are equal or similar in all relevant aspects except for the intervention being tested.

Repeated Testing

The process of conducting the same test multiple times to verify the reliability and consistency of its results.

Placebo Control Group

is a group in an experiment that receives a sham or inactive treatment, which is used to assess the psychological impact of receiving treatment rather than the treatment's actual efficacy.