Andy,age 3,took an Hour-Long Test That Yielded an Overall IQ

question 106

Multiple Choice

Andy,age 3,took an hour-long test that yielded an overall IQ score as well as separate verbal and performance scores.The test he took was most likely the

• A)Scale of Pragmatic Intelligence.
• B)Wechsler Preschool and Primary Scale of Intelligence (WPPSI).
• C)Zone of Proximal Development Scale (ZPD).
• D)None of the above;intelligence tests are not designed for children as young as age 3.

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Definitions:

Discount Rate

An interest rate used to discount future cash flows to their present value, often applied in capital budgeting and investment valuation.

Working Capital

A financial metric representing the difference between a company's current assets and current liabilities, indicating its short-term liquidity.

Salvage Value

The calculated leftover value of an asset at the expiry of its service life.

Straight-Line Method

A depreciation method that allocates an equal amount of depreciation expense for an asset over its useful life.