Many Believe That the Movement for Statewide Standards Testing Has

question 7

Multiple Choice

Many believe that the movement for statewide standards testing has resulted in all of the following except

• A) state educational policymakers directing financial assistance for underperforming school districts.
• B) federal policymakers taking over control of underperforming schools.
• C) curriculum becoming more narrowly-defined and tightly focused.
• D) lower socioeconomic communities failing tests at higher rates than higher socioeconomic communities.

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Definitions:

Time Period Assumption

An accounting principle that allows an organization to divide its economic activities into specific time periods such as months, quarters, or years for reporting purposes.

Adjusting Entries

Closing entries in accounting at the end of a period to ensure income and expenses are attributed to the period in which they took place.

Business Events

Occurrences that affect the financial position of a company and can be measured reliably in financial terms.

Recorded

The process of recording business financial transactions into the accounting books.