The Stanford-Binet Intelligence Test

question 26

Multiple Choice

The Stanford-Binet intelligence test

• A) should be administered only to children, not to adults.
• B) consists of both cognitive and motor tasks.
• C) requires examinees to attempt all questions on the test.
• D) can be administered either individually or in a group.

---

Definitions:

Price Reduction

A decrease in the regular selling price of a product or service, usually to stimulate sales or clear inventory.

Value-Based Pricing

is a strategy under which the sale price of a product or service is determined primarily by the perceived value to the customer rather than by the cost of production.

Preventive Maintenance

Regular and systematic inspection, cleaning, and replacement of worn parts, materials, and systems to prevent unforeseen failures and maximize efficiency.

Useful Life

The estimated period over which an asset is expected to be usable by the entity owning it, for its intended purpose.