If the Measures Associated with a Test Are Said to Be

question 45

Multiple Choice

If the measures associated with a test are said to be consistent,you might conclude that the measure is ______.

• A)standard
• B)valid
• C)reliable
• D)concurrent

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Definitions:

Accounts Receivable

This is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its customers by comparing net credit sales to average accounts receivable.

Cash Sales

Transactions where payment is made in cash at the time of sale, without any credit terms.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period.