If a Test Has Been Standardized, It Has _____

question 122

Multiple Choice

If a test has been standardized, it has _____.

• A) the ability to yield consistent results every time
• B) the ability to predict performance on future tests
• C) been given to a representative sample of the relevant population
• D) All the answers are correct.

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Definitions:

Authorized Shares

The maximum number of shares that a corporation is legally allowed to issue, as specified in its articles of incorporation.

Reacquired Shares

Shares that a company buys back from its shareholders, reducing the amount of outstanding stock on the market.

Par Common Stock

The nominal or face value assigned to common shares in the articles of incorporation, often having little relation to the market value.

Preferred Stock

represents a class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, usually with fixed dividends.