Unfortunately I don't have a test setup at hand either and perhaps I'm again misinterpreting the information in the MSDN article the QotD is referring to, but in my opinion a 'choose all that apply' would have been the proper option for the question:
The NOT FOR REPLICATION option can be specified in the following ways:
- [...]
- Directly in Transact-SQL syntax or in Microsoft SQL Server Management Studio when:
- Creating or modifying an object in the publication database.
- Creating or modifying an object in the subscription database. [...]