Which of the Following Statements Is(are)INCORRECT

question 3

Multiple Choice

Which of the following statements is(are) INCORRECT?

• A)Closed-ended questions should limit respondents to three or four choices.
• B)Closed-ended questions should have response categories that are mutually exclusive and exhaustive.
• C)Closed-ended questions should provide uniformity of response.
• D)Closed-ended questions should cover the range of likely responses.
• E)Closed-ended questions are appropriate when relevant answers to questions are relatively clear.

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Definitions:

Available-for-Sale

A classification for investments in debt or equity securities not classified as held-to-maturity or trading securities, marked to market with changes in fair value recorded in other comprehensive income.

Dividend Revenue

Income earned from owning shares in a company, typically distributed from the company's earnings.

Trading Securities

Financial instruments such as stocks or bonds that are purchased by a company with the intention of selling them in the short term to realize quick profits.

Unrealized Loss

A loss that results from holding onto an asset that has decreased in price, but has not yet been sold or actualized through closure of the position.