Uniform and Consistent Procedures for Administering and Scoring Tests Are

question 109

Multiple Choice

Uniform and consistent procedures for administering and scoring tests are known as

• A) reliability.
• B) standardization.
• C) validity.
• D) representativeness.

---

Definitions:

Required Return

This is the minimum rate of return on an investment that investors expect or require to make it worthwhile.

Accounts Payable

The amount of money a company owes its suppliers for goods and services purchased on credit.

Accounts Receivable

Financial dues from customers to a firm for goods or services that have been dispensed or availed but remain unpaid.

Inventory

An accounting term referring to goods and materials held by a business for the purpose of sale or production.