All Survey Response Formats Are Easy and Straightforward

question 47

True/False

All survey response formats are easy and straightforward. Any consumers should be able to answer all formats; therefore, the ability of the respondent is not a consideration in determining the question-response format to use in a survey.

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Definitions:

Accounts Receivable Period

The mean duration a company requires to receive payments from its clients following a sale.

Quarterly Sales

Revenue generated by a company, or the amount of goods/services sold within a specific three-month period.

Accounts Payable Period

The average number of days it takes for a company to pay its invoices from suppliers and creditors.

Cash Disbursements

The total amount of money that a company pays out in cash during a specific period.