Refers to a Test's Being Unfair for Members of Some

question 12

Multiple Choice

Refers to a test's being unfair for members of some groups but not for others.

• A) culture-free test
• B) confidence interval
• C) culture-fair test
• D) test bias

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Definitions:

Fixed Overhead

The set of expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance.

Product Costs

Costs directly associated with the creation of a product, including materials, labor, and manufacturing overhead.

GAAP

Generally Accepted Accounting Principles, a set of standards and procedures for financial reporting used in the United States.

Variable Costing

An accounting method that only includes variable costs in product costing and decision-making.