In the Early 1900s, at the Request of the French

question 160

Essay

In the early 1900s, at the request of the French Ministry of Education, Alfred Binet constructed a testing instrument that eventually became the first widely used intelligence test. For what purpose was the test developed?

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Definitions:

Current Period

Refers to the present accounting period under consideration, usually a fiscal quarter or year.

Defined Contribution Fund

A retirement plan in which the employer, employee, or both make contributions on a regular basis, but future benefits are based on the fund's investment performance.

Unpaid Contributions

Amounts due from members or shareholders for their share in the capital of the company which have not yet been paid.

Entity

Refers to an organization, institution, or being that possesses a separate existence for tax, legal, and accounting purposes.