________ is used as an estimate of reliability when one administers the same test to the same people at two different points in time, and then compares the test scores at time 2 with the scores at time 1

A) Equivalent form estimate
B) Retest estimate
C) Internal consistency
D) Criterion validity

Answer: B

Business

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What responsibility center is judged for effectiveness rather than efficiency?

A) investment center B) revenue center C) standard cost center D) profit center E) expense center

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Of the three cost-flow assumptions, FIFO usually results in the smallest net income when inventory costs are rising and the largest net income when inventory costs are falling

Indicate whether the statement is true or false

Business