Standardization

question 87

Multiple Choice

Standardization

• A)refers to the ability to yield a consistent result to what it is intended to measure.
• B)refers to the extent to which a test measures what it is intended to measure.
• C)is the extent to which a test yields a consistent, reproducible measure of performance.
• D)involves developing uniform procedures for administering and scoring a test, as well as creating norms, or performance standards, for the test.

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Definitions:

Tax Incidence

An examination of the distribution of tax burdens, including who ultimately pays the tax (consumers or producers) and how it affects market equilibrium.

Suppliers

Entities or individuals that provide goods or services to another entity, typically for resale, use, or consumption.

Tax Rate

The rate at which taxes are applied to a person or a company's income.

Per Unit

A term used to describe the measurement or pricing of something in individual units or on a per-item basis.