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When Applying for a Part-Time Job at the Local Supermarket

question 12

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When applying for a part-time job at the local supermarket Bob was given a test to determine how well he would bag groceries.The next week Bob took the SAT in order to satisfy a college admissions requirement.The test at the supermarket was a measure of _____ validity whereas the SAT was a measure of _____ validity.


Definitions:

Debt Securities

Financial instruments representing money borrowed that must be repaid, including corporate and government bonds, which provide interest income to the holder.

High Liquidity

Refers to assets that can quickly be converted into cash with minimal impact on their price.

High Risk

Referring to investments or activities with a greater than usual potential for loss or that may involve significant uncertainty.

Equity Method

An accounting technique used to record investments in other companies where the investor has significant influence but not full control.

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