When Scores from a Test Correlate with Other Measures of the Same

question 37

Multiple Choice

When scores from a test correlate with other measures of the same construct, researchers can determine the test's

• A) face validity.
• B) congruent validity.
• C) construct validity.
• D) discriminant validity.

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Definitions:

Cost of Goods Sold

The direct costs attributable to the production of goods sold by a company, including materials and labor.

Direct Costing

A costing method where only variable manufacturing costs are assigned to inventory and cost of goods sold, with fixed manufacturing overhead treated as a period cost.

Variable Costing

An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold, with fixed overhead costs treated as period expenses.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including both materials and labor costs.