Binet and Simon Designed Their Intelligence Test To

question 7

Multiple Choice

Binet and Simon designed their intelligence test to:

• A)weed out the lower-scoring immigrants emigrating into the United States.
• B)weed out the lower-scoring immigrants emigrating into France.
• C)identify children who needed additional instruction in school.
• D)identify the academically gifted.

---

Definitions:

Net Assets

Net Assets represent the residual interest in the assets of an entity after deducting its liabilities, essentially equivalent to equity in a for-profit organization.

Net Income

The total earnings or profit of a company after subtracting all expenses, including taxes, interest, and costs, representing the bottom line on an income statement.

Comparative Consolidated Financial Statements

Financial statements that provide financial information for multiple periods, offering a way to compare a company's financial performance over time.

Acquisition Differential

The difference between the cost of acquiring a company and the fair value of its identifiable net assets, often recognized as goodwill.