What Does the Reliability of a Test Refer to

question 96

Multiple Choice

What does the reliability of a test refer to

• A) the ability of a test to measure what it was designed to measure 
• B) the numerical index that describes the degree of relationship between two variables 
• C) the degree of consistency of a test 
• D) the extent to which there is evidence that a test measures a particular hypothetical construct

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Definitions:

Fair Value

The estimated price at which an asset or liability could be traded in an orderly transaction between market participants at the measurement date.

Consolidation Elimination

The process of removing intra-group transactions and balances from the consolidated financial statements of a group of companies.

Cost Method

An accounting approach for investments, where the investment is recorded at its acquisition cost without reflecting the investee's performance.

Straight Line Amortization

A technique for distributing the expense of an intangible asset evenly over its lifespan in yearly increments.