The Most Defensible Practice for Scoring Essay Tests Is to Evaluate

question 184

Multiple Choice

The most defensible practice for scoring essay tests is to evaluate

• A)all parts of one student's paper before going on the next student's paper.
• B)each one of the items for all students with reference to its respective model answers.
• C)each question as acceptable or unacceptable and assign equal weight to each question.
• D)the response for each question with regard to content,organization,and mechanics,with each factor weighted equally.

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Definitions:

Fair Value Hedge

A hedging strategy used to protect against changes in the fair value of assets or liabilities.

Account Payable

The amount of money owed by a company to its creditors for goods or services that have been delivered or used, but not yet paid for.

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy an underlying asset at a specified price within a specific time period.

Cash Flow Hedge

A financial strategy to manage the risk of cash flow fluctuations due to changes in the value of underlying assets or liabilities.