To Score Psychological Tests Such as Educational, Personality, And/or Psychopathology

question 28

Multiple Choice

To score psychological tests such as educational, personality, and/or psychopathology measurement,

• A)a trained individual should be involved in the scoring process.
• B)computers are taking a major role.
• C)computers started replacing almost all the psychopathological tests.
• D)computer-based scoring is not recommended.

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Definitions:

Fair Value Adjustment

An accounting process to adjust the book value of an asset or liability to its market value or fair value.

Fair Values

The estimated market value of an asset or liability, reflecting the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Collateralized Loan

A loan that is secured by collateral, assets that the lender can seize if the borrower fails to repay the loan.

Prepaid Interest

The amount of interest that is paid in advance of the period to which it relates, often associated with loans or mortgages.