In Evaluating the Usefulness of an Assessment Technique,the Most Important

question 35

Multiple Choice

In evaluating the usefulness of an assessment technique,the most important factor to consider is the test's

• A) objectivity.
• B) reliability.
• C) standardization.
• D) validity.

Understand and explain the nature of business transactions and their impact on the accounting equation.

Understand and apply the concept of perpetuity in financial calculations.

Calculate the present value of perpetuities and annuities given various compounding frequencies.

Determine the necessary initial investment to achieve desired future payments or perpetuities.

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Definitions:

Try Block

A block of code that is tested for errors while it is being executed.

Finally Block

A block of code in certain programming languages that is executed after a try block, regardless of whether an exception was thrown or caught.

Last Catch Block

The final block in a series of try-catch statements in programming that catches any remaining uncaught exceptions.

Checked Exception

In Java, a type of exception that is checked at compile-time for a smooth execution of the program and must be either caught or declared in the method's throws clause.