______ is an assessment of whether a test measures knowledge or understanding of the items it is supposed to measure.

A. Content validity
B. Construct validity
C. Criterion-related validity
D. Reliability


A. Content validity

Business

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If a corporation has an average tax rate of 40 percent, the approximate, annual, after-tax cost of debt for a 15-year, 12 percent, $1,000 par value bond, selling at $950 is ________

A) 10 percent B) 10.6 percent C) 7.7 percent D) 6.0 percent

Business

Long-term capital gains have favorable tax treatment over earned income

Indicate whether this statement is true or false.

Business

Bonds that give the issuer an option of retiring them before they mature are:

A) Debentures. B) Serial bonds. C) Sinking fund bonds. D) Registered bonds. E) Callable bonds.

Business

Name three items included in the detailed design report.

What will be an ideal response?

Business