A Number of Changes Have Taken Place with Regard to the Assessment

question 14

Multiple Choice

A number of changes have taken place with regard to the assessment of giftedness. Which of the following statements is accurate?

• A) Multiple sources of information are now used.
• B) Approaches now seek to understand a student's motivation and imagination.
• C) Information provided by adaptive behavior assessments are sought.
• D) All of the answers are correct.

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Definitions:

Valuation Allowance

A reserve set aside against deferred tax assets due to uncertainty regarding their realization in the future.

Fair Value Adjustments

Fair value adjustments are accounting practices to revise the book value of an asset or liability to its current market value.

Trading Security

A financial asset that a company holds primarily for the purpose of selling it in the short term to profit from price fluctuations.

Fair Value

The estimated market value of an asset or liability, based on current market conditions.