All of the Following Statements Are Correct EXCEPT ______

question 140

Multiple Choice

All of the following statements are correct EXCEPT ______.

• A) the number of commercial banks is declining each year
• B) commercial banks are prohibited from selling securities or insurance
• C) commercial banks are the most important financial institution
• D) banks offer the widest range of services of any financial institution

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Definitions:

Construct Validity

Consistency between a high score on a test and high level of a construct such as intelligence or leadership ability, as well as between mastery of this construct and successful performance of the job.

Criterion-related

Pertains to a method of evaluating the validity of a test by comparing its results with an external criterion.

Contexts

The circumstances or environments in which events occur, affecting their understanding and interpretation.

Generalizable

A quality of research findings or data that allows conclusions to be extended from the sample studied to larger populations or other contexts.