The Use of Intelligence Tests in Making Employment Hiring Decisions

question 298

Multiple Choice

The use of intelligence tests in making employment hiring decisions

• A) is a questionable practice.
• B) is becoming standard practice.
• C) has been ruled unconstitutional by the Supreme Court.
• D) is a relatively recent development in the United States.

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Definitions:

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue contributes to covering fixed costs and profit.

Operating Leverage

A financial ratio that measures the degree to which a company can increase operating income by increasing revenue.

CVP Graph

A graphical depiction of the Cost-Volume-Profit analysis, showing how a company's profits, costs, and sales volume are related.

Break-even Point

The level of production or sales at which total revenues equal total expenses, with no net loss or gain.