Two Major Professional Issues in Testing Are

question 9

Multiple Choice

Two major professional issues in testing are

• A)ethical and moral issues.
• B)theoretical concerns and the adequacy of tests.
• C)social and legal issues.
• D)actuarial vs. clinical prediction and ethical issues.

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Definitions:

Futures Contract

A formalized agreement that obligates the purchase or sale of a specific commodity or asset at an agreed-upon price at a future date.

Forward Contract

A non-standardized agreement to buy or sell an asset at a future date for a price agreed upon today.

Daily Resettlement

The process in futures trading where the gains or losses of the day are calculated, and accounts are adjusted accordingly to reflect the market value.

Forward Contract

A bespoke contract that allows two parties to trade an asset at a fixed price on a designated date in the future.