A Measure That Yields Consistent Scores but Does Not Measure

question 1

Multiple Choice

A measure that yields consistent scores but does not measure what it is supposed to measure is ____.

• A)both valid and reliable
• B)neither valid nor reliable
• C)valid but not reliable
• D)reliable but not valid

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Definitions:

Preferred Stock

A class of stock that entitles holders to fixed dividend payments before any distributions are made to common stockholders.

Common Stock

Represents the shares of a company that are owned by its shareholders, which entitle them to vote at shareholder meetings and to receive dividends.

Dividends

Payments made by a corporation to its shareholder members, distributing profits.

Treasury Stock

Shares that were once part of the outstanding shares and have been bought back by the company, reducing the amount of outstanding stock on the open market.