The Process of Competency Modeling Would Most Likely Be Used

question 20

Multiple Choice

The process of competency modeling would most likely be used during test development to gather evidence for validity based on a test's ______.

• A) relations with a criteria
• B) content
• C) response processes
• D) constructs

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Definitions:

Par Value

The face value of a bond or the stated value of a stock, not necessarily its market value.

Common Stock

Equity security representing ownership in a corporation, providing voting rights and a share in profits through dividends.

Paid in Excess

Funds received by a company over and above the par value of its stock, often recorded as additional paid-in capital on the balance sheet.

Retained Earnings

Profits that a company retains for reinvestment in its operations, rather than distributing to shareholders as dividends.