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erastovalidia [21]
3 years ago
7

Name and briefly describe the three essential principles of test construction

Business
1 answer:
Alika [10]3 years ago
7 0
Three essential <span>principles of test construction are:
1. consistency. It refers  to the consistency </span><span>between the goal of the subject, course, and the methods of teaching goals. Also consistency between the methods and what the test measures. </span><span>
2. validity. Validity refers to t</span>he ability of a test to measure what it was designed to measure. It can be material od skill.
3. reliability. The <span>test must be constructed in such a way that it will produce reliable, consistent results .</span>
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Which inventory costing method results in the lowest net income during a period of rising inventory​ costs?.
scoray [572]

Due to the greatest cost of goods sold, the LIFO (Last In Last Out) technique displays the lowest net profitability. Compared to the other techniques of inventory valuation, the cost of goods sold for the LIFO approach is the greatest.

<h3>Which technique of inventory valuation will result in the lowest net profit?</h3>

The application of LIFO will produce the lowest net income and the greatest estimated cost of goods sold among the three options during periods of inflation.

<h3>Which method of inventory has the lowest income tax rate?</h3>

LIFO is the inventory cost flow method that yields the lowest income tax liability. A form of inventory cost flow mechanism called last-in-first-out (LIFO) operates under the presumption that the last item acquired will be the first item to be sold.

<h3>In an era of inflation, which inventory method results in the lowest income tax?</h3>

Due to increasing COGS, LIFO leads to reduced net income (and taxes). However, under LIFO during inflation, there are fewer inventory write-downs. Results from average cost are in the middle of FIFO and LIFO.

To Know more about techniques

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7 0
1 year ago
Which type of account will typically have the highest interest rate?
Setler [38]
Savings account is the answer
7 0
3 years ago
Read 2 more answers
The overall responsibility of health information management professional is
Vadim26 [7]
<span>Ensuring the quality and accuracy of health information. Hope this helps!

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8 0
3 years ago
A(n) ________ underwrites new issues of securities for corporations, states, and municipalities needed to raise money in the cap
xxMikexx [17]

Answer:

Non Banking Institutions (Investment Bank)

Explanation:

Non Banking Institutions (Investment Bank) do not have a full banking licence and are not usually supervised by a national or international banking regulatory agency.

NBIs facilitate investment, market brokerage, contractual savings and risk pooling.

Non Bank Institutions provide avenues for transforming an economy's savings to capital investment.

One way they do this is by underwriting new issues of securities for corporations, states, and municipalities needed to raise money in the capital markets.

8 0
3 years ago
All financial statements:_________
Anastasy [175]

Answer:

a) help to evaluate what happened in the past.

Explanation:

The financial statement interprets the financial performance, profitability, position of the company. It involves the income statement, balance sheet, cash flow statement, etc through which the business could be analyzed in a better way

Also it helps to analyze and evaluate what is happened in the past

Therefore the option a is correct

5 0
3 years ago
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