Tests,which Assess the Skills of a Job Applicant Necessary for the Successful

question 12

Multiple Choice

Tests,which assess the skills of a job applicant necessary for the successful performance of the job,are known as:

• A)personality tests
• B)paper-and-pencil tests
• C)unstructured tests
• D)ability tests
• E)structured tests

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Definitions:

Net Investment

The total spending on new capital assets minus the depreciation on existing capital.

Depreciation

The accounting method of allocating the cost of a tangible asset over its useful life, reflecting a decrease in value over time.

Investing

Dispensing money with the anticipation of making an income or profit.

Interest Rate

The percentage charged on borrowed money or paid on invested capital, reflecting the cost of borrowing or the reward for investing.