The Otis Self-Administering Test of Mental Ability Was the First

question 10

True/False

The Otis Self-Administering Test of Mental Ability was the first group-administered mental ability test to have widespread use in industry.

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Definitions:

General Ledger

A comprehensive record of a company's financial transactions over the life of the organization, organized by accounts.

Division of Labor

Division of labor is the separation of tasks in any economic system or organisation so that participants may specialize, increasing efficiency and productivity.

Multi-Column Journal

An accounting journal that contains multiple columns for recording financial transactions in a systematic way.