Both Norm-Referenced Assessment and Informal Methods of Assessment Could Have

question 57

True/False

Both norm-referenced assessment and informal methods of assessment could have problems with cultural bias.

---

Definitions:

Paid In Excess

Refers to the situation where an amount paid surpasses the required or expected amount, often used in the context of capital contributions over the par value of stock.

Stock Dividend

A stock dividend is a dividend payment made in the form of additional shares rather than a cash payout, often based on the proportion of shares a shareholder owns.

Cash Dividend

A payment made by a company out of its profits to shareholders, usually in the form of cash.

Common Stock

The most prevalent form of equity ownership, representing shares in the ownership of a company.