Rob Stevens Is the Head of a Company That Produces

question 266

Multiple Choice

Rob Stevens is the head of a company that produces computer software for production scheduling. The firm is small and presently does not generate enough volume to justify hiring a sales force. The firm is probably using ____ to maintain contact with the firms using its products.

• A) wholesalers
• B) brokers
• C) agents
• D) merchants
• E) retailers

Recognize the characteristics of useful information outputs from an accounting system.

Identify the principles of developing an effective accounting information system.

Understand the importance and process of journal entries in accounting.

Grasp the concept and purpose of a general ledger and subsidiary ledgers.

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Definitions:

Construct Validity

The degree to which a test measures what it claims to be measuring, specifically in terms of whether the test actually assesses the theoretical construct it is designed to measure.

Predictive Validity

The level at which a score from a test or scale forecasts subsequent performance on a connected result.

Content Validity

Refers to the extent to which a test measures an intended content area.

Concurrent Validity

The degree to which the results of a test correlate with the results of other established measures taken at the same time.