Giving Applicants a Clerical Aptitude Test and Then Tracking Their

question 91

Multiple Choice

Giving applicants a clerical aptitude test and then tracking their performance six months later is an example of

• A)predictive validity.
• B)concurrent validity.
• C)content validity.
• D)correlational validity.

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Definitions:

Fair Market Value

The price that property would sell for on the open market, reflecting the amount a knowledgeable, willing, and unpressured buyer would pay to a knowledgeable, willing, and unpressured seller.

Acquisition

The process by which a company obtains control over another company, either through a purchase of shares, assets, or both.

Consolidated Financial Statements

Financial statements that integrate the financial information of a parent company with its subsidiaries to present the financial performance and position of the entire group as a single entity.

Legal Entities

Organizations or structures recognized by law as capable of having rights and duties, such as corporations, partnerships, and trusts.