The Type of Validity That Subsumes All Other Types of Validity

question 74

Multiple Choice

The type of validity that subsumes all other types of validity is

• A)construct validity.
• B)predictive validity.
• C)discriminant validity.
• D)face validity.

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Definitions:

Net Income

The total revenue of a company minus the total expenses, indicating the profit earned over a specific period.

Organizational Expenses

Costs incurred during the formation of a corporation, partnership, or any business entity, such as legal and administrative fees.

Intangible Assets

Non-physical assets such as patents, trademarks, and goodwill that have value to a business.

Balance Sheet

A financial document that outlines the resources, obligations, and shareholder equity of a company at a given point, showing its economic condition.