If a Test Designed to Indicate Which Applicants Are Likely

question 62

Multiple Choice

If a test designed to indicate which applicants are likely to perform the best on the job fails to do so, the test has

• A) low reliability.
• B) low content validity.
• C) low predictive validity.
• D) not been standardized.

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Definitions:

Budgeted Materials Purchases

The projected amount of materials to be bought for production as planned within a budget period.

April 1 Inventory

The inventory on hand at the beginning of the company's fiscal quarter or year, typically recorded on the first day of April.

Ending Raw Materials

The value of raw materials inventory available at the end of an accounting period.

Budgeted Materials Cost

The projected cost of materials outlined in a budget, which is estimated before the actual purchase or use in production.