Surveys May Be Classified Based on the Method of Communication,the

question 50

True/False

Surveys may be classified based on the method of communication,the degrees of structure and disguise in the questionnaire,and the time frame in which the data are gathered.

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Definitions:

Obligation

A duty or commitment to fulfil an act, usually as part of a contract or by law, such as the repayment of a loan.

Equal Payments

A series of identical payments made over a set period, commonly used in loans and installment purchases.

Overdrawn

A situation where an account has a negative balance due to the account holder spending more money than what is available in the account.

Annual Rate

The interest rate for a period of one year, often used for comparing the yields of investments or loans.