Researchers Are in the Process of Developing a New College

question 54

Multiple Choice

Researchers are in the process of developing a new college entrance exam.They want to ensure that wherever the test is given,it will be administered,scored,and interpreted in the same manner.In other words,the researchers are concerned with ____.

• A) standardization
• B) statistical reliability
• C) quantification
• D) statistical validity

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Definitions:

Account Receivable

Money owed to a company by its debtors for goods or services that have been delivered or sold but not yet paid for.

Subsidiary Ledgers

Detailed ledgers that provide a breakdown of individual accounts that are summarized in the general ledger.

Customers Ledger

A subsidiary ledger containing individual accounts for customers, showing each customer's sales, payments, returns, and the current balance owed.

Creditors Ledger

A ledger that keeps records of the amounts owed by the business to its suppliers or creditors.