Which of the Following Represent Potential Problems with the Use

question 70

Multiple Choice

Which of the following represent potential problems with the use of open-ended questions?

• A) possibility of misunderstanding and researcher bias
• B) they can be quickly completed by the respondent
• C) they do not limit the responses received
• D) they result in lack of uniformity of answers

---

Definitions:

Present Value

The current financial value of money or cash flows that will be obtained in the future, factored by a particular rate of return.

Annuity

An economic device offering a steady series of disbursements to someone, commonly utilized as a financial support for retired individuals.

Market Rate

The prevailing rate at which a particular good, service, or asset is bought and sold in a free market.

Present Value

The current financial value of a future cash sum or series of inflows, adjusted with a determined rate of return.