All of the Following Are Disadvantages of Open-Ended Response Questions

question 54

Multiple Choice

All of the following are disadvantages of open-ended response questions EXCEPT _____.

• A) cost is usually higher than that of administering fixed-alternative questions
• B) possibility of interviewer bias
• C) the information provided by responses is not useful to decision makers
• D) articulate individuals give a large share of the responses but they may not be representative of the entire population

---

Definitions:

Notes Receivable

This refers to promissory notes that are receivable by a business, representing amounts due from others that they have promised to pay within a specific period.

Interest Revenue

Income earned by a company or individual from lending money or making investments that pay interest.

Income Statements

A financial statement that shows a company's revenues, expenses, and profit over a specific period, reflecting the company's financial performance.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects debts from its customers by dividing net credit sales by the average accounts receivable.