Which of the Following Does NOT Characterise a Psychological Test

question 11

Multiple Choice

Which of the following does NOT characterise a psychological test?

• A) Psychological tests allow one to predict behaviour with great accuracy.
• B) Psychological tests are samples of behaviour.
• C) Psychological tests are standardised measures of behaviour.
• D) Psychological tests measure individual differences.

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Definitions:

Payback Period

The payback period is the length of time it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment.

Initial Capital Investment

The total amount of money used to start a business or project, including costs for property, equipment, and legal fees.

Accounting Rate of Return

A financial ratio that measures the return on investment from assets, indicating the efficiency of generating profits from its resources.

After-Tax Net Income

The amount of income that remains after all applicable taxes have been subtracted from the total revenue.