Use the Following Information for Questions

question 37

Multiple Choice

Use the following information for questions
The following accounts and balances were drawn from the records of Carolina Company on December 31,2016:

-Total assets on Carolina's December 31,2016 balance sheet would amount to:

• A)$12,600.
• B)$13,800.
• C)$7,200.
• D)$10,600.

---

Definitions:

Norm-Referenced Test

A type of test designed to compare and rank test takers in relation to one another.

Measures of Central Tendency

Statistical metrics that describe the center point or typical value of a dataset, including mean, median, and mode.

Raw Scores

The initial, unadjusted scores obtained directly from assessments or tests, often before any standardization, scaling, or norming procedures are applied.

Z-Score

The most fundamental standard score, which is created by converting an individual’s raw score to a new score that has a mean of 0 and a standard deviation of 1.