Which of the Following Is a Desirable Characteristic of Culture-Fair

question 202

Multiple Choice

Which of the following is a desirable characteristic of culture-fair tests?

• A) They should measure values based on a person's cultural background.
• B) They should not attempt to measure intelligence.
• C) They should be composed of items that vary from culture to culture.
• D) They should minimize or eliminate the use of language.

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Definitions:

Compounded Quarterly

The process whereby the interest earned on an investment is calculated and added to the principal sum every three months, then the new total is used for the next compounding period.

Compounded Annually

The process where the interest earned in one period is added to the principal, and then interest in the next period is calculated on the new total.

Annual Payments

Regular payments made once a year, often related to loans, annuities, or other financial instruments.

EAR

Stands for Effective Annual Rate, which is the real return on an investment, accounting for the effect of compounding interest over a period.