Criterion Referenced Tests Are Useful For

question 24

Multiple Choice

Criterion referenced tests are useful for:

• A) comparing student performance with their peers.
• B) assisting teachers in program planning.
• C) providing a percentile rank.
• D) data collection and program analysis.

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Definitions:

Inventory

Inventory refers to raw materials, work-in-process, and finished goods that are held by a company in anticipation of eventual sale.

Controllable Costs

For a level of management, the costs that can be influenced (increased, decreased, or eliminated) by management at that level.

Management

The process of dealing with or controlling things or people, often within a business or organization.

Manufacturing Margin

The difference between the sales revenue generated from manufactured goods and the cost of goods sold.