When You Took Your College Entrance Exam, Students Across the Country

question 4

Multiple Choice

When you took your college entrance exam, students across the country took the same test at the same time with the same instructions. What characteristic of a good psychological test do these similarities reflect?

• A) reliability
• B) standardization
• C) validity
• D) norms

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Definitions:

Bankruptcy Judge

A judicial officer who presides over court proceedings in bankruptcy cases, making decisions on matters within the bankruptcy law.

Disbursements

Payments made by a business, including operating expenses, dividend payments, and investments in assets.

Trustee

With respect to bonds, an organization that ensures compliance with the conditions set forth in the indenture. With respect to bankruptcy, a person who administers the bankrupt organization to ensure funds are properly handled.

Restructures Capital

The process of altering the composition or structure of a company's debt and equity mix, often to enhance financial stability or efficiency.