When Selecting Tests, It Is Important to Keep in Mind

question 13

Multiple Choice

When selecting tests, it is important to keep in mind the:
I.validity of the test.
II.reliability of the test.
III.length of the test.
IV.usability of the test. ​

• A)I and IV
• B)II, III and IV
• C)II and III
• D)I, II and IV

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Definitions:

Note Receivable

A financial asset representing a written promise to receive a specific amount of money, plus interest if applicable, by a certain date.

Dishonored

A term used when an instrument such as a check is not accepted or paid upon presentation.

Accounts Receivable

Money owed to a business by its customers for goods or services delivered or used but not yet paid for.

Short-Term Notes Receivables

Short-duration financial assets representing amounts owed to a company that must be paid within a year.