Tony Develops a Scale to Assess Job Satisfaction Among Industrial

question 108

Multiple Choice

Tony develops a scale to assess job satisfaction among industrial workers. He is afraid that workers in his study will each interpret the scale items in a different way. Tony's concern is about the __________ of his scale.

• A) ​representativeness
• B) ​accuracy
• C) ​validity
• D) ​reliability

---

Definitions:

Debt-equity Ratio

A ratio used to express the relative use of equity and debt in funding a company’s assets.

Capital Spending

Expenditures by a company on major physical goods or services that are expected to generate economic benefits in the future.

Residual Dividend Policy

A strategy where a company pays dividends out of the residual or leftover equity only after all project capital needs are met.

Dividend Payout Ratio

Amount of cash paid out to shareholders divided by net income.