Standardization Is an Important Component of Many Developmental Tests

question 3

Multiple Choice

Standardization is an important component of many developmental tests.All of the following statements about standardization are true EXCEPT:

• A)The degree of standardization has no effect on the clarity of interprofessional communication about test results
• B)Provision of test materials (kit) increases standardization
• C)Detailed instructions for administration and scoring of each item increases standardization
• D)More highly standardized tests produce more reliable results

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Definitions:

Dividend Growth Model

A model that estimates the value of a dividend-paying stock, based on the assumption that its dividends will continue to grow at a constant rate in the foreseeable future.

Cost of Equity

The return that investors expect for investing in a company's equity, representing the compensation for their risk.

SML Approach

Security Market Line approach; a graphical representation of the expected return of investments as a function of their systematic, non-diversifiable risk.

Cost of Capital

The rate of return that a company must earn on its investments to maintain its market value and satisfy its shareholders or debtholders.