Which of the Following Statements Concerning Selection Measure Validation Is

question 43

Multiple Choice

Which of the following statements concerning selection measure validation is correct? Selection measure validation is probably:

• A)more important for small businesses than large businesses.
• B)more important for large businesses than small businesses.
• C)overrated by both large and small firms.
• D)too complex for most HR managers to use.

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Definitions:

CCC

Refers to the Cash Conversion Cycle, a metric that gauges how efficiently a company manages its inventory, receivables, and payables to generate cash.

Peak Borrowing Needs

The maximum amount of capital a business or individual will need to borrow to meet its financial obligations.

Monthly Cash Budget

A financial plan projecting cash inflows and outflows on a monthly basis, used by companies to ensure liquidity and financial stability.

Costly Trade Credit

Credit taken in excess of free trade credit whose cost is equal to the discount lost.