Miles Applied for a Summer Job as a Bookkeeper

question 90

Multiple Choice

Miles applied for a summer job as a bookkeeper. As part of his employment screening, he was asked to take an exam, or ________ test, which has numerical aptitude questions.

• A) performance
• B) cognitive ability
• C) validity
• D) personality
• E) certification

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Definitions:

Defined Contribution Plans

Pension plans in which the employer is committed to making contributions according to a fixed formula.

Defined Contribution Plan

A retirement plan where an employer, employee, or both make contributions on a regular basis, with future benefits dependent on investment performance.

Risk-free Return

The theoretical return on an investment with no risk of financial loss, typically associated with government bonds.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, used in finance to gauge the return volatility of an investment.