A Measurement That Does Not Reflect the Logical Relationship Between

question 4

Multiple Choice

A measurement that does not reflect the logical relationship between the variables lacks what kind of validity?

• A)construct validity
• B)face validity
• C)criterion-related validity
• D)content validity
• E)split-half validity

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Definitions:

Treasury Stock

Shares that were issued and later reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Contra Account

An account used in accounting to reduce the value of a related account when the two are netted together, providing a clearer picture of financial status.

Fair Value

An estimate of the market value of an asset or liability, based on current prices in active markets.

Noncash Asset

An asset that is not cash or does not directly translate into cash in a short period, such as property, plant, and equipment.