A Major Advantage of Developing Criteria for Judging Performance Prior

question 16

Multiple Choice

A major advantage of developing criteria for judging performance prior to task administration is that the criteria can

• A)help students understand what is expected.
• B)increase students' appreciation of the task.
• C)reduce the scoring burden for teachers.
• D)restrict the range of student performances.

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Definitions:

Financial Statements

Formal records that outline the financial activities and condition of a business, including the income statement, balance sheet, and statement of cash flows.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, preparing the books for the next period.

Adjusting Entries

Journal entries made in accounting at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Unadjusted Trial Balance

A listing of all accounts in the general ledger with their balances before any adjustments are made for the end of the accounting period.