A Professor Gives the Same Test Twice

question 79

Multiple Choice

A professor gives the same test twice. Most of those who failed it the first time get scores close to the class average the second time. Most of those who did very well the first time also get scores close to average the second time. Therefore the test has

• A) high reliability.
• B) low reliability.
• C) average validity.
• D) high validity.

Recognize the difference between tangible and intangible assets.

Understand the use and purpose of a work sheet in the accounting process.

Identify the steps and purposes of the closing entries in accounting.

Recognize the use and implications of reversing entries.