Which of the Following Is NOT a Characteristic of Standardized

question 1

Multiple Choice

Which of the following is NOT a characteristic of standardized tests?

• A) Data analysis is easy.
• B) They have strong psychometric properties.
• C) Test scores are objective and meaningful without interpretation.
• D) Reference group data may be compiled.

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Definitions:

Work in Process

Inventory that includes items that are in the process of being manufactured but are not yet completed.

Journal Entries

Records of financial transactions in the accounting system, in chronological order.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the production costs.

Operations

The day-to-day activities necessary for a business to function, including production, sales, and administration.