A Disadvantage of Standardized Tests and Performance Measures Is That

question 6

True/False

A disadvantage of standardized tests and performance measures is that they are not all cross-cultural in nature and may not be relevant to all sociodemographic and sociocultural groups.

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Definitions:

Deferred Income Tax Liability

A financial accounting term representing taxes that are owed but not yet paid, resulting from temporary differences between the IRS and accounting methods.

Income Tax Rate

The fraction of one's earnings or a company's profits that must be paid in taxes.

Net Income

Net earnings of a business post deductions of any costs and taxes from revenue.

Cash Dividend

A distribution of a company's earnings to its shareholders in the form of cash.