One of the First Objective Tests of Intelligence Was Developed

question 43

Multiple Choice

One of the first objective tests of intelligence was developed by __________ in the early 20^th century.

• A) Lewis Terman
• B) William Stern
• C) Alfred Binet
• D) David Wechsler

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Definitions:

End-of-period Spreadsheet

A financial document used to summarize account balances and adjustments at the conclusion of an accounting period before preparing financial statements.

Closing Entries

Entries recorded at the conclusion of a fiscal period to move balances from temporary accounts to permanent ones, thus readying the accounts for the upcoming period.

Closing Entries

Entries in the journal made during the closing of an accounting period to move balances from transitory accounts to enduring accounts.

Fiscal Year

A one-year period that companies and governments use for financial reporting and budgeting, different from the calendar year.