Which of the Following Is NOT a Reason for Selecting

question 65

Multiple Choice

Which of the following is NOT a reason for selecting a preferred format?

• A) It streamlines the questionnaire design process
• B) It saves time
• C) open-ended formats offer no value
• D) It saves money
• E) No need to be creative and invent a new form

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Definitions:

NSF Check

A check that has not been honored by the bank due to insufficient funds in the account to cover the amount.

Outstanding Checks

Checks that have been written and recorded in a company’s ledger but have not yet been cleared or deducted from the bank account balance.

Credit Memo

A document issued by a seller to a buyer, reducing the amount owed by the buyer under certain circumstances, such as returned goods or an overcharge.

Debit Memo

A document issued by a seller of goods or services to a buyer, reducing the amount the buyer owes under the original invoice.