Which of the Following Is Not Considered a "Cost" of Extending

question 78

Multiple Choice

Which of the following is not considered a "cost" of extending credit to customers?

• A)The opportunity cost of lost interest
• B)Keeping the records for accounts receivable
• C)The increased sales resulting from the extension of credit
• D)The possibility of unpaid accounts

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Definitions:

Likert Scale

An interval scale on which respondents record their reactions to statements by checking their level of agreement between, for example, “strongly agree” and “strongly disagree.”

Ordinal

Scales with some measure of progression such as “Freshman, Sophomore, Junior, Senior.”

Interval

Generally, the distance between points on a scale. In research terms, interval refers to a scale in which there is an assumption of equal intervals between points on the scale.

Split Half

A reliability measure where a test is divided into two parts, and the scores on both halves are compared to assess the consistency of the test results.