Sam,a Seventh Grader,received a Grade-Equivalent Score of 9

question 185

Multiple Choice

Sam,a seventh grader,received a grade-equivalent score of 9.2 on a standardized vocabulary test at the end of the spring term.This result indicates that Sam

• A)achieved about the same level as the average ninth graders in the norms group.
• B)knows as much vocabulary as the typical ninth grader in the norms group.
• C)scored above average compared to seventh graders in the norm group.
• D)should be awarded a grade of A for his achievement in vocabulary.

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Definitions:

Insurance Account

An account used to track payments for insurance policies and the portion of the premium that has been used (expired) or is still in effect (unexpired).

Accounting Period

A specific period of time used for financial reporting, often a quarter or year, during which financial information is recorded and reported.

Debit

An entry recorded on the left side of an account ledger, representing an increase in assets or expenses or a decrease in liabilities, equity, or revenue.

Credit

An accounting entry that increases a liability or equity account or decreases an asset or expense account.