A Construction Firm Needs to Hire a Construction Superintendent, Whose

question 100

Multiple Choice

A construction firm needs to hire a construction superintendent, whose primary responsibilities involve organizing, supervising, and inspecting the work of several subcontractors. It administers a construction-error recognition test, where an applicant enters a room that has been specially constructed to have 10 common and expensive errors and where he/she is asked to record as many problems as he/she can detect. What type of validation is being used here?

• A)Concurrent validation
• B)Predictive validation
• C)Content validation
• D)Criterion-related validation
• E)Subjective validation

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Definitions:

Investment

The purchase, construction, or development of resources, including physical assets, such as plants and machinery, and human assets, such as better education. Investment expands an economy’s resources. The process of investment is sometimes called capital formation.

Barter Economy

An economic system where goods and services are exchanged directly for other goods and services without the use of money.

Currency

A system of money in general use in a particular country or economic context, serving as a medium of exchange for goods and services.

Interest

The cost of borrowing money or the payment received for lending money, typically expressed as a percentage of the principal amount per year.