CPAs are licensed by:

A. The AICPA.
B. The SEC.
C. The federal government.
D. State governments.

Ans: D. State governments.

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Which statement about generalizability is not true?

A) The set of all conditions of measurement over which the investigator wishes to generalize is the universe of generalizations. B) In generalizability studies, measurement procedures are designed to investigate the universes of interest by sampling conditions of measurement from each of them. C) To generalize to other universes, facet theory procedures must be employed. D) Traditional reliability methods can be viewed as single-facet generalizability studies.

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Which of the following is true of covenants and conditions?

A) A covenant is a conditional promise to perform. B) A conditional promise becomes a covenant if the condition is met. C) A contract cannot contain conditions to excuse performance. D) A party cannot sue over breach of a covenant by the other party.

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