Which Statement Best Describes Norm-Referenced Tests

question 16

Multiple Choice

Which statement best describes norm-referenced tests?

• A) Norm-referenced tests compare a group of students to other students in the country who took the same test.
• B) Norm-referenced tests are teacher-created assessments that measure student performance to determine learning mastery of specific content or skills.
• C) Norm-referenced tests always require students to pass minimum scores that can be used as diagnostic tools for placement in remedial programs.
• D) Norm-referenced tests do not have a role to play in the interactive assessment process.

---

Definitions:

Stop-Buy Order

An order to purchase a security once its price surpasses a particular point, typically to limit a loss or protect a profit on a short sale.

Provide Liquidity

To provide liquidity means to make assets easily convertible into cash or to facilitate the ease of buying or selling assets in the market without affecting their price significantly.

Dealers

Individuals or entities that act as principals in trading securities, buying and selling for their own accounts.

Street Name

Describes securities held by a broker on behalf of a client but registered in the name of the firm.