Latoya Develops a New Scale to Measure Beliefs in Extraterrestrials

question 62

Multiple Choice

Latoya develops a new scale to measure beliefs in extraterrestrials. She gives her new scale to 100 people twice, two months apart. She finds that in general, people who believe in extraterrestrials at Time 1 also believe in extraterrestrials at Time 2. Latoya's scale exhibits good

• A) concurrent validity.
• B) content validity.
• C) test-retest reliability.
• D) split-half reliability.

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Definitions:

Period Costs

Expenses on an income statement that are not directly tied to the production of goods or services, such as sales, general, and administrative expenses.

Product Costs

Costs directly associated with the production of goods sold by a company, including materials, labor, and overhead.

Input Cost Changes

Variations in the cost of materials and services used in the production of goods or services over time.

Current Cost Accounting

An accounting approach that records assets and liabilities at their current market value rather than their historical cost.