Which of the Following Is a Desirable Characteristic of Culture-Fair

question 39

Multiple Choice

Which of the following is a desirable characteristic of culture-fair tests?

• A) They should minimize or eliminate the use of language.
• B) They should not attempt to measure intelligence.
• C) They should be composed of items that vary from culture to culture.
• D) They should measure values based on a person's cultural background.
• E) They should test individual people in their own native language.

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Definitions:

Market Rate

The prevailing interest rate available in the marketplace for instruments of similar risk and maturity.

Contract Rate

The predetermined fee or rate agreed upon in a contract for services rendered or goods sold.

Bonds

Long-term debt securities issued by corporations or governments to raise capital, paying interest to holders.

Premium

A term that records the sale of stock at more than par value. In this book we use the account Paid-In Capital in Excess of Par to record the premium received.