The document discusses the key characteristics of a good measuring instrument: 1. Reliability - The instrument must provide consistent results. Factors like test length, age range, and time between tests impact reliability. 2. Validity - The instrument must accurately measure what it intends to measure. Factors like language, difficulty, evaluation methods can impact validity. There are different types of validity including content and construct validity. 3. Objectivity - Scores from the instrument must not depend on who administers or evaluates it. Objectivity can be measured by having multiple people score tests and comparing results.