The Text Identifies Two Major Uses of Tests in Educational

question 15

Multiple Choice

The text identifies two major uses of tests in educational settings. One is to measure achievement. The other is to -

• A) predict success in academic work
• B) identify problem children
• C) reduce teachers' paperwork
• D) evaluate school administrators

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Definitions:

Accounting Statements

Financial documents that provide an overview of a company's financial condition, including income statement, balance sheet, and cash flow statement.

Ratios

Quantitative measures used to assess the financial performance, liquidity, efficiency, or risk of a business entity.

Current Ratio

This ratio indicates how well a business can settle its short-term debts with assets that are readily available.

Acid-test Ratio

A stringent indicator of a company’s short-term liquidity, calculated by dividing liquid assets by current liabilities, excluding inventory.