In the Future,the Biggest Changes in the Area of Assessment

question 28

Multiple Choice

In the future,the biggest changes in the area of assessment will involve

• A)The use of the computer as an assessment tool.
• B)The development of more reliable psychological tests.
• C)Removing personal bias from an interviewer's ratings.
• D)Improving the use of assessment centers for identifying the best employees.

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Definitions:

Flotation Costs

Expenses incurred by a company in issuing new securities, including underwriting, legal, and registration fees.

Tax Rate

The rate at which taxes are applied to a person or company's income.

WACC

The Weighted Average Cost of Capital; a calculation of a firm's cost of capital in which each category of capital is proportionately weighted.

Cost of Capital

The required return necessary to make a capital budgeting project, such as building a new factory, worthwhile.