The Acronym for an Achievement Test Designed for Use with Testtakers

question 124

Multiple Choice

The acronym for an achievement test designed for use with testtakers age 17 and over who have not completed eight years of formalized schooling is the

• A) ABLE.
• B) ABPP.
• C) CLEP.
• D) SCHLEP.

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Definitions:

Fixed Assets

Long-term tangible assets used in the operations of a business, not expected to be converted into cash within a year.

Acquisition

The process of acquiring control of another company by purchasing its shares or assets.

Financing Activities

Transactions and events that affect the long-term liabilities and equity of a firm, as reported in the cash flow statement.

Cash Dividends

Profits distributed to shareholders of a company in the form of cash payouts.