The Last Step in the Selection Process Is

question 2

Multiple Choice

The last step in the selection process is

• A)gathering useful information about the nature of the job.
• B)identifying major aspects of performance on the job.
• C)use of assessment devices in the processing of applicants.
• D)assessing an applicant's knowledge, skills, and abilities necessary to do the job.

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Definitions:

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Equivalent Annual Cost

A financial metric used to compare the cost-efficiency of different investments or projects with different lifespans, by calculating their annual costs.

Present Value

The present day value of an anticipated future amount of money or series of cash receipts, calculated with an established rate of return.

CCA Tax Shield

Refers to the reduction in taxable income for businesses through the deduction of depreciation on long-term assets.