A Major Difference Between the Stanford-Binet Test and the WAIS

question 54

Multiple Choice

A major difference between the Stanford-Binet test and the WAIS is that the ________.

• A) WAIS measures only verbal ability
• B) Stanford-Binet test is made especially for the elderly
• C) Stanford-Binet test measures a wider range of abilities
• D) WAIS is made especially for adults

---

Definitions:

Investor

An individual or organization that allocates capital with the expectation of achieving a financial return.

Promissory Note

An economic tool comprising a formal pledge by one entity to give a specific amount of money to another, either upon request or at a predetermined future time.

Term Deposit

A type of financial account where money is deposited for a fixed period and a predetermined interest rate, offering higher interest rates than savings accounts but with restricted access to funds.

Simple Interest

A technique for computing interest in which the interest expense is calculated solely on the initial amount of the principal.