Achievement Tests Are More Focused on Past While Aptitude Tests

question 16

True/False

Achievement tests are more focused on past while aptitude tests are more focused on the potential for future .

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Definitions:

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment.

Total Assets

The sum of all resources owned by a company, valued in monetary terms.

Deferral

A financial term referring to the postponement of the recognition of certain revenues or expenses to a later accounting period.