Of the Following, Which Is an Unstructured Item

question 68

Multiple Choice

Of the following, which is an unstructured item?

• A) Rank order
• B) Likert scale
• C) Free-response
• D) Checklist

Understand the roles and responsibilities of different managers in financial operations.

Comprehend the impact of inventory levels, accounts receivable, and accounts payable on a company's cash flow and operating cycle.

Identify strategies to optimize the operating cycle and cash cycle.

Recognize various financing options available for managing short-term liquidity.

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Definitions:

Obedience

is the act of following orders or instructions from an authority figure, often studied in psychology as a behavior of compliance.

Groupthink

A psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.

Democratic

Pertaining to a system of government by the whole population, typically through elected representatives.

Social Facilitation

The tendency for an individual's performance on a task to be influenced by the mere presence of others, often leading to improved performance on simple tasks.