Yuri Received a Score of 115 on His IQ Test

question 54

Multiple Choice

Yuri received a score of 115 on his IQ test and as a result is a part of the 84^th percentile. In terms of his score compared to the population, this result means that:

• A) 84% of the population's scores are lower than Yuri's score.
• B) 84% of the population's scores are higher than Yuri's score.
• C) 16% of the population's scores are equivalent to Yuri's score.
• D) 84% of the population's scores are equivalent to Yuri's score.

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of the business, which require the use of current assets or the creation of other current liabilities to settle.

Working Capital

The difference between a company's current assets and current liabilities, used to measure its short-term financial health and operational efficiency.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the business's normal operating cycle if longer.

Current Liabilities

Financial obligations of a business that are due and payable within one year, including accounts payable, short-term loans, and other short-term debts.