Orientation Sessions Given to Individuals Prior to Testing Provide Information

question 9

Multiple Choice

Orientation sessions given to individuals prior to testing provide information about:

• A)the purpose of the assessment instrument
• B)the criteria used for selecting the assessment instrument
• C)the conditions under which the instrument is to be taken
• D)all of the above

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Definitions:

Time-Value

The concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

Money

Any item that is generally acceptable to sellers in exchange for goods and services.

Present Value

A calculation of today's value of money to be received in the future or ongoing cash flows, based on a given rate of return.