Which of the Following Statements Is Correct

question 74

Multiple Choice

Which of the following statements is correct?

• A)There is no hierarchy with respect to primary sources of GAAP.
• B)There is no hierarchy with respect to secondary sources of GAAP.
• C)Both primary and secondary sources of GAAP have established hierarchies.
• D)Neither primary nor secondary sources of GAAP have established hierarchies.

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Definitions:

Construct Validity

A measure of how well a test or tool assesses the construct it claims to measure, indicating the appropriateness of inferences made from test scores.

True Score

The actual score that accurately reflects the variable being measured, without measurement error.

Observed Score

The actual score obtained by a participant on a test or measurement tool.

Actual Score

The true or observed value obtained from a measurement or assessment, not adjusted or transformed.