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const2013 [10]
3 years ago
12

o test the validity of your selection device for widget makers, you have given it to the present widget makers in your company a

nd correlated it with their latest performance appraisal scores. What type of validation strategy have you used?
Business
2 answers:
Talja [164]3 years ago
6 0

Answer:

Concurrent validation

Explantion:

Concurrent validation is employed to establish documented proof that a facility and process will function as they are intended, on the basis of information gotten during actual use of the process.

Concurrent validity is a type of proof that can be assembled to justify the use of a test for predicting other outcomes.

ankoles [38]3 years ago
4 0

Answer:

Concurrent validation

Explanation:

Concurrent validity can be said to be a kind of evidence that is gathered to justify the use of a test for predicting other outcomes. It is a good tool that is used in psychology, sociology and other behavioral or psychometric sciences. Concurrent validity is performed when a test correlates well with a result that has been validated previously.

You might be interested in
A mortgage broker advertises a 30-year fixed-rate loan at a 2.00% rate. After the borrower arrives at the office and begins an a
Contact [7]

Answer:

Truth in Lending Act (TILA)

Explanation:

Mortgage brokering can be defined as a process which typically involves a mortgage broker acting as an intermediary between a financial institution (mortgage bank) offering loans and an individual that seeks to collect a loan.

This ultimately implies that, a mortgage broker acts as an intermediary (middleman) by connecting a creditor (lender) to those seeking to get a loan (borrower).

The Truth in Lending Act (TILA) also known as Consumer Credit Protection Act (CCPA) is a federal law of the United States of America that was enacted by the 89th US Congress and signed into law by President Lyndon B. Johnson on the 29th of May, 1968.

The main purpose of this federal law (Act) is to protect the consumer while using credit by mandating businesses to provide a full disclosure of the terms and conditions with respect to the credit.

According to the Truth in Lending Act (TILA), businesses are required to explain all collection fees, finance charges, late charges and interest charges up front before the time of service or application process commence.

In this scenario, a mortgage broker advertised a 30-year fixed-rate loan with an interest rate of 2.00%.

However, when the borrower arrived at the office of the mortgage broker and begins an application, the broker then went ahead to explain that the 2.00% interest rate is no longer available because his office was only able to do a limited number of them.

Thus, this broker is in violation of Truth in Lending Act (TILA).

6 0
3 years ago
On December 29, 2005, BJ Co. sold an equity security investment that had been purchased on January 4, 2004. BJ owned no other ma
sineoko [7]

Answer:

AFS 2004 market price decline exceeded 2005 market price recovery

No No

The security cannot be classified as available-for-sale because the unrealized gains and losses are recognized in the Income Statement. Unrealized gains and losses on available-for-sale securities are recognized in owners' equity, not earnings.

The second part of the question is somewhat ambiguous. The 2004 price decline could exceed or be exceeded by the 2005 price recovery. The loss in the first year is not related in amount and does not constrain the realized gain in the second year.

The way to answer the question is to read the right column heading as implying that the earlier price decline must exceed the later price recovery. With that interpretation, the correct answer is no.

For example, assume a cost of $10 and a market value of $4 at the end of the first year. An unrealized loss of $6 is recognized in earnings. During the second year, the security is sold for $12. A realized gain of $8 is recognized-the increase in the market value from the end of the first year to the sale in the second year. Thus, the market decline in the first year did not exceed the recovery in year two. (It could have exceeded the recovery in year two but there is no requirement that it must.)

Explanation:

3 0
3 years ago
In what ways do the benefits of free enterprise affect your daily life? List as many examples as you can. Consider neighborhood
Kobotan [32]

well think about it in a variety of different ways, a free market economy can affect anyone's daily life, that being, in a free market economy a person can make any choice he or she wants with little or no government interference


hope I was able to help ~kashout kam

6 0
3 years ago
Read 2 more answers
Jacobsen Corporation prepares its financial statements applying U.S. GAAP. During its 2016 fiscal year, the company reported bef
maxonik [38]

Answer:

Jacobsen Corporation

Income from continuing operations of $621,000 will be reported.

Explanation:

The income from continuing operations is the same thing as the operating income.  It is the pre-tax income that is reported on Jacobsen Corporation's income statement for the year ended December 31, 2016.  The tax rate of 30% is applied on this figure to obtain the income tax expense for the year.  But, for Jacobsen that has other unusual items, these are taken into consideration before the income tax is imputed to obtain the after-tax income.

6 0
3 years ago
Nathan's business constructs storage sheds for new housing developments as requested by the builders. Nathan's business would be
nalin [4]

Answer:

<em>Manufacturing Business</em>

Explanation:

A manufacturing business is any<em> business that assembles finished products using raw materials, parts, and components. </em>

Manufacturing companies often use machines, robots, computers, and people to manufacture the products and usually use an assembly line that allows a product to be produced step by step, going from one workstation to another.

3 0
3 years ago
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