Deciding If a Question Is Necessary or If Several Questions

question 37

Multiple Choice

Deciding if a question is necessary or if several questions are needed rather than one are decisions involved with ________.

• A)determining the order of scales
• B)choosing question wording
• C)choosing question structure
• D)individual question content
• E)minimizing item nonresponse

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Definitions:

Effective Rate

The interest rate on a loan or financial product, rephrased to reflect the actual annual cost of the product over its repayment term.

Bond Discount

The difference between the bond's face value and its selling price when it is sold for less than its face value, representing the additional interest expense to the issuer.

Unamortized Discount

The portion of a bond discount that has not yet been amortized (gradually written off) over the period of the bond's life.

Redeemed

The process of exchanging a financial instrument, such as a bond or coupon, for its cash value.