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Explain the Differences Between Validity and Reliability,and Then Explain How

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Essay

Explain the differences between validity and reliability,and then explain how they are also interconnected.


Definitions:

Budgeted Contributions

Projected or planned donations to be made or received by an organization within a specific time frame.

Direct Labor

The wages and other costs for labor that is directly involved in the manufacturing or production of goods and services.

Production Material Needs

The quantity and type of materials required to meet production goals.

Budgeted Purchases

The anticipated expenditures on goods and materials a company plans to buy for a specific period.

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