The Type of Validity That Is Specifically Concerned with Being

question 30

Multiple Choice

The type of validity that is specifically concerned with being able to make causal statements about relationships between variables is ____ validity.

• A) external
• B) internal
• C) construct
• D) predictive

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Definitions:

Deferred Revenue

Income received by a company for goods or services yet to be provided; recognized as a liability until the service or product is delivered.

Journal Entry

A record in accounting that represents a transaction where debits and credits are equal, documenting financial transactions in the ledger.

Depreciation Expense

The deliberate apportionment of a tangible asset's cost over the period it is expected to be useful.

Useful Life

The estimated time period a fixed asset is expected to be usefully productive for a business.