The Biggest Reason Why Cognitive Ability Tests Are Not More

question 100

Multiple Choice

The biggest reason why cognitive ability tests are not more widely used is ________.

• A) they are too expensive
• B) they are too time-consuming
• C) they are difficult to administer
• D) they have an adverse impact on minorities

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock.

Treasury Stock

Treasury stock consists of shares that were issued and later reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Paid-In Capital

The sum of money contributed by investors through the issuance of common or preferred stocks, encompassing both the nominal value of these shares and any premium above this value.

Par Value

The face value of a bond or stock as stated by the issuing company, which does not necessarily reflect its market value.