The correct answers are validity; reliability.
Answer 1: <span>The ability of a test to measure what is purports to measure is called validity.</span> Validity is defined as the ability of a test or study to actually to measure what it claims to measure. For instance, if a test aims to measure a population sample's heart rate, but ends up measuring blood sugar levels instead, it does not have validity, since it did not measure what it claimed or set out to measure. <span>
</span>
Answer 2: Reliability refers<span> to the consistency of test results.</span> Reliability can be defines as the ability of a test or measure to consistently produce the same results at different, times, settings or locations. If the same test or measure produces different outcomes or results at different times or locations, it is low in reliability.
Answer:
B. (iii) only
Explanation:
Economists normally assume that the goal of a firm is to earn
(iii) revenues as large as possible, even if it reduces profits.
The reason for economist to normally assume the goal of a firm is to earn revenues as large as possible, even if it reduces profits, is that, while achieving more profit is what can make firm to keep running, there are times when rather than maximizing the profits alone, the economist look at the long run and seeks to generate more sales or total revenue, even if it decreases the profit generated, so as to increase the firm market share relative to its competitors.
Hence, economist seeks to maximize profits, while making higher number of sales.
In short, the seek the following:
1. Growth Maximization
2. Increasing Market Share
3. Satisfying Behavior
4. Maximizing Sales or Total Revenue
Answer:
The relationship between the 1860 election and the civil war is that because Abarham Lincoln was elected it set off a kind of domino effect in which the southern states did not like that he was elected because they were primarly democratic. Because of this they decided to split off of the United states and create their own country. Lincoln was not going to allow the splitting of the states so the civil war insued as a kind of reunification.
Explanation:
Answer: Dividends are profits of a company after taxation that is distributed among share holders of that company
Explanation:
Dividends is the distribution of profits in a company after taxation to its shareholders according to their number/percentage of share.
Answer: C) show only those costs that a manager can control.
Explanation:
Responsibility report is the accounting document that is provided to the management stages in an organization. This report shows all the amount of all the expense of the service and product along with extra added product and performance reports that is supervised and controlled by manager.
Other options are incorrect because general accounting guidelines, variable amount and preparation at top most level of manger is not followed by responsibility report.Thus, the correct option is option(c).
