Which Statement Is TRUE Regarding Test Development and Testtaker Guessing

question 120

Multiple Choice

Which statement is TRUE regarding test development and testtaker guessing?

• A) Methods have been designed to detect guessing.
• B) Methods have been designed to statistically correct for guessing.
• C) Methods have been designed to minimize the effects of guessing.
• D) All of these

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Definitions:

Shareholders' Equity

The residual interest in the assets of a corporation after subtracting liabilities, representing the ownership interest of shareholders.

Liabilities

Obligations a company owes to external parties, which can include loans, accounts payable, mortgages, and other debts due.

Assets

Resources owned by a company or individual that have economic value and can be used to meet debts or commitments.

Retained Earnings

The portion of a company's profits that is kept or retained and not distributed as dividends to shareholders, used for reinvestment in the business or to pay debt.