A Measuring Instrument Is Said to Be Reliable When It

question 242

Multiple Choice

A measuring instrument is said to be reliable when it is able to:

• A)produce a consistent result if the same thing is measured twice.
• B)produce results that are close to the expected results.
• C)predict actual behaviour.
• D)covary with an independent variable.

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Definitions:

Full Disclosure Principle

An accounting guideline requiring companies to disclose all relevant financial information in their financial statements.