Criterion Referenced Test Interpretation Is Commonly Used with

question 5

Multiple Choice

Criterion referenced test interpretation is commonly used with

• A)professional licensure or certification tests.
• B)projective personality assessments.
• C)career maturity tests.
• D)intelligence tests for children.

---

Definitions:

Fixed Costs

Costs that do not change with the level of output or activity, over a certain period or range of production.

Variable Costs

Costs that vary directly with the level of production or service activity.

Exiting

The process of leaving or withdrawing from a situation, market, or competition, often used in the context of firms leaving an industry.

Break Even

Break even is a point at which total costs and total revenues are exactly equal, meaning there is no net loss or gain, and the business or project is just covering its expenses.