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When Choosing a Standardized Achievement Test to Administer in Your

question 53

Multiple Choice

When choosing a standardized achievement test to administer in your own school, three of the following are important considerations.Which one is least likely to be of concern?


Definitions:

Owner's Equity

The total value that would accrue to a business's owners after all liabilities are subtracted from all assets; also known as shareholder's equity or net worth.

Liabilities

Economic debts or obligations a company is responsible for, which are to be paid off over time through the exchange of economic advantages.

Owner's Withdrawal

Amounts of cash or other assets that the owner takes from the company for personal use.

Cash Account

An account that records all transactions involving cash inflows and outflows within a company.

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