Binet Believed That the Primary Purpose of an Intelligence Test

question 88

Multiple Choice

Binet believed that the primary purpose of an intelligence test was to assist the test user in the process of

• A) classification.
• B) measurement.
• C) prediction.
• D) data collection.

---

Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Financial Statements

The comprehensive reports that summarize a company's financial performance, position, and cash flows over a specific period.

Current Ratio

An assessment tool that determines an enterprise's capability to settle short-term due debts by dividing its immediate assets by its immediate liabilities.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time, offering a snapshot of its financial position.