A Measure That Does Not Correlate with Measures with Which

question 34

Multiple Choice

A measure that does not correlate with measures with which it should not be related has

• A)convergent validity.
• B)discriminant validity.
• C)concurrent validity.
• D)no validity.

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Definitions:

Economic Resource

Assets or inputs that have the potential to contribute to the production of goods and services, providing economic benefit to businesses or individuals.

Asset

Resources owned or controlled by a business, projected to bring future economic benefits.

Measurement Alternative

An accounting option that allows entities to measure certain investments at cost, minus impairment, plus or minus changes resulting from observable price changes in orderly transactions for identical or similar investments of the same issuer.

Receivables

Debts owed to a company by customers or other parties arising from the sale of goods or services or loans given.