When Tests Are Used as Part of the Selection Process,care

question 27

Multiple Choice

When tests are used as part of the selection process,care must be taken to ensure that the test being used is both valid and reliable.A test is reliable if ________.

• A)it proactively reduces an employee's anxiety
• B)it can be used as the sole determinant of a hiring decision
• C)it measures similarly time after time
• D)its questions are asked in various languages as it has to cater to a diverse group of individuals
• E)it changes constantly so as to keep malpractices at bay

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Definitions:

Financial Statements

Documents that provide an overview of a company's financial condition, including balance sheet, income statement, and cash flow statement.

Impairments

Reductions in the recoverable value of fixed assets or goodwill on a company’s balance sheet, indicating that the asset is not worth its currently stated value.

Property, Plant, Equipment

Tangible assets that are used in the operations of a business, have a longer life, and are not intended for sale, including buildings, machinery, and vehicles.

Premium on Bonds Payable

The amount by which a bond's selling price exceeds its principal (face value), reflecting superior credit quality or lower market interest rates.