In the Context of Validity,which of the Following Refers to Whether

question 30

Multiple Choice

In the context of validity,which of the following refers to whether a test,on the surface,appears to measure what it is supposed to measure?

• A)Discriminant validity
• B)Predictive validity
• C)Convergent validity
• D)Face validity

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Definitions:

Plantwide Predetermined Overhead Rate

A single overhead rate calculated by dividing estimated total manufacturing overhead costs by an estimated total cost driver, applied throughout the entire plant.

Job-Order Costing System

An accounting method that tracks the costs associated with producing a specific item or providing a particular service.

Direct Labor-Hours

The total hours worked by employees that can be directly associated with the production of specific goods or services.

Plantwide Predetermined Overhead Rate

A single overhead absorption rate calculated for an entire plant or factory, applied uniformly to all jobs or products.