Tests Will Always Be a Part of Assessment and Evaluation

question 16

Multiple Choice

Tests will always be a part of assessment and evaluation.What is the most important feature of a test?

• A)Identifies only procedural knowledge.
• B)Identifies only conceptual knowledge.
• C)Matches instructional goals.
• D)Matches state and national assessment models.

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Definitions:

Hedging Instruments

Financial contracts used to offset potential losses or gains that may be incurred by an companion investment, effectively reducing risk.

Options

Financial derivatives that give the buyer the right, but not the obligation, to buy or sell an asset at a set price within a specific timeframe.

Forward Contracts

Financial derivatives that represent agreements to buy or sell an asset at a predetermined future date and price.

Futures Contracts

Agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specific time in the future.