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Employers Use Pre-Employment Tests to Save the Time and Money

question 18

True/False

Employers use pre-employment tests to save the time and money it costs to correct a bad hiring decision.


Definitions:

Return on Sales Ratio

A financial ratio that measures the efficiency of a company in generating operating profit from its revenue.

Net Sales

The revenue a company earns from sales after subtracting the costs of returns, allowances for any damaged or missing items, and discounts.

Net Income Before Taxes

The total earnings of a company before taxes have been deducted.

Gross Profit

The difference between revenues and the cost of goods sold before deducting overheads, taxes, interest, and depreciation.

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