Which of the Following May Generally Be Assumed to Be

question 31

Multiple Choice

Which of the following may generally be assumed to be true about reliability and validity?

• A)A test can be valid but unreliable.
• B)A test can be reliable but invalid.
• C)A reliable test must be valid.
• D)A test cannot be unreliable and invalid.

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Definitions:

Dividends Paid

Money distributed to shareholders out of a corporation's earnings as a return on investment.

Indirect Method

A cash flow statement presentation that starts with net income and adjusts for non-cash transactions, often used in financial reporting.

Net Cash Provided

The amount of money generated by a company's operations after accounting for all cash outflows and inflows within a specified period.

Accounts Receivable

Amounts that clients owe a company for goods or services provided but for which payment has not yet been made.