Aptitude Tests Measure

question 61

Multiple Choice

Aptitude tests measure:

• A) Information that is acquired through the cumulative effects of experience
• B) Specific information learned in formal and structured environments
• C) Distinctive patterns of emotions, feelings, and actions
• D) Ability to think abstractly and to easily learn from experience

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Definitions:

Simple Rate Of Return

A calculation that measures the profitability of an investment as the annual incremental net operating income divided by the initial investment cost.

Sales Revenues

The total amount of money generated from the sale of goods or services by a company before any costs or expenses are subtracted.

Cash Operating Expenses

Expenses that a company pays in cash during an accounting period, excluding non-cash expenses such as depreciation.

Net Present Value

A financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time, used in capital budgeting to assess the profitability of an investment.