The Ability of an Instrument to Produce the Same Estimate

question 22

Multiple Choice

The ability of an instrument to produce the same estimate on two or more occasions, assuming that nothing has changed in the interim is known as

• A) accuracy
• B) reliability
• C) validity

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Definitions:

Financial Management

The practice of planning, directing, and controlling financial activities such as procurement and utilization of funds of an enterprise.

HR Management

The practice of recruiting, managing, and developing an organization's employees to maximize their performance.

Operations Management

The administration of business practices to create the highest level of efficiency possible within an organization, focusing on converting materials and labor into goods and services as effectively as possible.

Customer Relationship Management

A strategy for managing an organization's interactions with current and potential customers using data analysis about customers' history.