Identify Each Item as a Component of One of the Following

question 18

Multiple Choice

Identify each item as a component of one of the following budgets.
-Beginning inventory of materials

• A)Production budget
• B)Direct materials purchases budget
• C)Sales budget

---

Definitions:

Test Validity

The extent to which a test accurately measures what it is supposed to measure.

Reliability

The extent to which a measurement instrument yields reliable and uniform outcomes.

Validity

The degree to which an idea, inference, or measurement is substantiated and probably accurately reflects reality.

Reliability

How much a testing tool delivers steady and dependable results throughout time.