Why Are Interstate Commerce Laws Applicable to Testing

question 41

Multiple Choice

Why are interstate commerce laws applicable to testing?

• A)Tests developed and published in one state may be marketed and used in other states.
• B)Tests used in employment decisions affect individual finances.
• C)Students may attend colleges located in states other than their home states, so college entrance exams are controlled by interstate commerce laws.
• D)Testing is a business and thus antitrust laws apply.

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Definitions:

Credit

An accounting entry that increases a liability or equity account, or decreases an asset or expense account.

Increased

A term indicating that a numerical value, quantity, or financial metric has gone up from a previous measurement.

Account

Represents a specific financial record in bookkeeping that tracks the financial transactions of a particular aspect, such as expenses or revenues.

Asset

Resources owned by a company from which future economic benefits are expected to flow to the entity.