Which of the Following Is Potential Problem with Using Relative

question 49

Multiple Choice

Which of the following is potential problem with using relative improvement as part of a grade?

• A) not every student improves in a semester
• B) grades can be biased against students the teacher doesn't know well
• C) grades can be biased against students who are really trying, but do not understand the material
• D) not every student test well

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Definitions:

Basis

In tax terms, it refers to the amount of a taxpayer's investment in property for tax purposes, used to calculate gain or loss on the sale or disposition of the property.

Inventory

Assets that are held for sale in the ordinary course of business, or in the process of being produced for such sale, or in the form of materials to be consumed in the production process.

Sole Proprietor

An individual who owns and operates a business by themselves, without forming a corporation or a partnership, bearing full responsibility for the business's debts and obligations.

Schedule C

A form used by self-employed individuals or sole proprietors to report their business income and expenses to the IRS.