During the Year,Penso Ltd Received $50 000 from Its Customers,$5000

question 31

Multiple Choice

During the year,Penso Ltd received $50 000 from its customers,$5000 for the sale of a motor vehicle and $20 000 for the issue of shares.It paid $27 000 to suppliers and employees,$3000 for income tax and $50 000 for new machinery.In addition,it paid out $12 000 to redeem bonds.Its cash balance at the commencement of the year was $22 000.
-What were the cash flows from financing activities?

• A) $20 000
• B) $8000
• C) ($12 000)
• D) ($28 000)

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Definitions:

External Validity

The extent to which the results of a study can be generalized to other situations, populations, or settings.

Alternate Form Reliability

A measure of consistency where different versions of a test produce similar results, indicating the test’s reliability over time.

Concurrent Validity

A measure of how well a particular test correlates with a previously validated measure taken at the same time.

Construct Validity

The extent to which a test or measurement tool accurately measures the theoretical construct it is intended to measure.