A Source of Error Variance May Take the Form of

question 93

Multiple Choice

A source of error variance may take the form of

• A) item sampling.
• B) testtakers' reactions to environment-related variables such as room temperature and lighting.
• C) testtaker variables such as amount of sleep the night before a test, amount of anxiety, or drug effects.
• D) All of these

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Definitions:

Balanced Scorecard

A strategic planning and management system used for aligning business activities to the vision and strategy of the organization, improving internal and external communications, and monitoring organizational performance against strategic goals.

Cost of Goods Sold

The direct costs attributed to the production of the goods sold in a company, including both materials and labor.

Standard Costs

Predetermined costs for the production of goods or services, used as benchmarks to measure actual production costs and performance efficiency.

Variances

The differences between expected and actual figures in budgeting and accounting, which can indicate over or under performance.