Which of the Following Is a Contingency That Should Be

question 58

Multiple Choice

Which of the following is a contingency that should be accrued?

• A) The company is being sued and a loss is reasonably possible and reasonably estimable.
• B) The company deducts life insurance premiums from employees' paychecks.
• C) The company offers a two-year warranty and the expenses can be reasonably estimated.
• D) It is probable that the company will receive $100,000 in settlement of a lawsuit.

Understand the ethical and legal standards governing psychological and educational testing.

Identify the impact of historical and modern legislation on assessment practices.

Understand the theoretical foundations of intelligence and personality assessment.

Understand the historical development and purpose of intelligence testing, specifically the Army Alpha and Beta tests.

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Definitions:

ANOVA

A statistical method (Analysis of Variance) used to compare means among three or more groups for significant differences.

Tukey's Multiple Comparison

Tukey's multiple comparison test is a statistical method used to find means that are significantly different from each other after performing an ANOVA, while controlling for Type I error across comparisons.

Fisher's LSD

A statistical method for testing the significant differences between means in a set of three or more sample groups.

Tukey's Multiple Comparison

A statistical test used to find the differences between means in a set of data, controlling the error rate when making several comparisons.