There Is a Relationship Between Reliability and Validity

question 39

Multiple Choice

There is a relationship between reliability and validity.Which of the following is true?

• A)A test cannot be valid unless it is reliable.
• B)A test cannot be reliable unless it is valid
• C)A test can be valid but not reliable.
• D)Reliability and validity are not related.

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Definitions:

Current Liabilities

Obligations or debts that a company must pay within a year.

Normal Balance

the side (debit or credit) on which increases to an account are recorded, based on the type of account (asset, liability, equity, revenue, or expense).

Contra-Asset

An account that offsets or reduces the balance of a related asset account, such as accumulated depreciation.

Allowance for Doubtful Accounts

An estimation recorded on financial statements reflecting the amounts expected to be uncollected from accounts receivable.