A Credit Entry

question 58

Multiple Choice

A credit entry

• A)Increases asset and expense accounts, or decreases liability, equity, and revenue accounts.
• B)Decreases asset and expense accounts, or increases liability, equity, and revenue accounts.
• C)Increases the withdrawals account.
• D)Is recorded on the left side of a T-account.
• E)Decreases asset, expense and revenue accounts.

---

Definitions:

Concurrent Validity

The construct validity of a measure is assessed by examining whether groups of people differ on the measure in expected ways.

Face Validity

Refers to the extent to which a test appears to measure what it claims to measure, based on superficial judgment.

Convergent Validity

A type of validity that assesses whether measures that should be related, based on the study hypotheses, are actually related.

Discriminant Validity

The extent to which a test or measure differentiates between distinct groups or constructs, showing it is not correlating too highly with measures from different constructs.