If Two or More Methods Yield Consistent Results,the Selection Procedure

question 94

Multiple Choice

If two or more methods yield consistent results,the selection procedure can be described as:

• A)having predictive validity.
• B)being reliable.
• C)being redundant.
• D)having content validity.

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Definitions:

Initial Cost

The first total amount of money spent to purchase or invest in a project, product, or asset, not including any subsequent costs.

Required Rate of Return

The required rate of return is the minimum annual percentage return an investor expects to achieve from an investment, considering the risk associated with it.

Payback Rule

An investment appraisal technique that calculates the time required to recoup the cost of an investment, focusing on cash flow rather than profitability.

Pre-Specified Number

A value or quantity that is defined or agreed upon before it is used or applied.