Which of the Following Amounts Appears on Both the Statement

question 76

Multiple Choice

Which of the following amounts appears on both the statement of owner's equity and the balance sheet?

• A)ending owner's equity
• B)total assets
• C)total revenues
• D)net income

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Definitions:

Discriminant Validity

A property demonstrating that a test or scale that is not closely related to variables from which it is theoretically distinct.

Construct Validity

The degree to which a test or instrument accurately measures the theoretical construct or psychological concept it intends to.

Content Validity

The degree to which a test or instrument covers the representative breadth of the topic or construct it is intended to measure.

Construct Validity

The degree to which a test measures what it claims to be measuring, indicating the test's accuracy in assessing theoretical constructs.