Validation in Selection Refers to the Process of Discovering What

question 2

True/False

Validation in selection refers to the process of discovering what and how well a se4lection procedure measures.

---

Definitions:

Corresponding Decrease

A decrease in one variable or metric that occurs in response to an increase in another variable.

Liability

A financial obligation or debt that an entity is required to pay to another entity.

Change In Accounting Principle

An adjustment in the way a company recognizes, measures, presents, or discloses financial information due to a change in accounting policy.

Continuing Operations

The parts of a business expected to continue operating in the foreseeable future, as opposed to segments being discontinued or sold.