Which of the Following Is NOT True About IQ

question 32

Multiple Choice

Which of the following is NOT true about IQ?

• A) It is normally distributed.
• B) Its standard deviation is 15.
• C) About 2.2% of people have scores below 70.
• D) A score of 130 is considered average.

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Definitions:

Revolving-Credit Agreement

A financial agreement permitting a business or person to lend, pay back, and re-lend funds up to an approved borrowing limit.

Commitment Fee

A fee paid by a borrower to a lender to keep a line of credit open or to guarantee a loan's terms.

Contractual Agreement

A contractual agreement is a legally binding exchange of promises or an agreement between parties that is enforceable by law.

Accruals

Accounting method where revenues and expenses are recorded when they are earned or incurred, regardless of when the cash transaction happens.