The Two Most Important Characteristics of a Well-Constructed Achievement Test

question 8

Multiple Choice

The two most important characteristics of a well-constructed achievement test are validity and

• A) reliability
• B) usability
• C) difficulty
• D) maintainability

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Definitions:

Liabilities

Liabilities are financial obligations or debts that a company or an individual owes, which are expected to be paid in the future.

Market Value

Market value is the current value at which an asset, company, or security can be bought or sold in the marketplace, determined by supply and demand dynamics.

Sales Commission

A payment made to a salesperson or broker for facilitating a sale, typically calculated as a percentage of the sale price.

Load Fund

A mutual fund that charges a fee (load) for buying or selling shares, in addition to the management fees.