Which of the Following Alternatives Best Expresses the Distinction Between

question 121

Multiple Choice

Which of the following alternatives best expresses the distinction between the WAIS and WISC

• A)The WAIS and the WISC are alternative forms of the same test.
• B)The WAIS is a test of verbal intelligence whereas the WISC is a test of nonverbal intelligence.
• C)The WAIS is used to test adult intelligence whereas the WISC is used to test children's intelligence.
• D)The WAIS is the current successor to the WISC, an older test of intelligence.

---

Definitions:

Present Value Index

A ratio used to evaluate the relative profitability of an investment or project by comparing the present value of cash inflows to the present value of cash outflows.

Interest

The charge for borrowing money, typically expressed as an annual percentage rate, or the income earned from lending funds.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.

Average Rate of Return

A financial metric used to estimate the profitability of an investment, calculated as the average annual profit of the investment divided by its initial cost.