Ms Collins Used Tests to Select the Most Qualified People

question 62

Multiple Choice

Ms. Collins used tests to select the most qualified people she could find to hire. She did not attend to the race or gender of the applicants. Ms. Collins' technique is known as

• A)employment bias.
• B)qualified individualism.
• C)unqualified individualism.
• D)test bias.

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Definitions:

Performance Obligation

A commitment in a contract to transfer a good or service to a customer, for which a company must satisfy to recognize revenue.

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) used globally to prepare public company financial statements.

Statement of Changes in Equity

A financial report that outlines the movements in equity of a company over a specific period, including profits or losses, dividends issued, and any changes in share capital.

Common Shares

Equity securities that represent ownership in a company, entitling the holder to vote at shareholders' meetings and to share in the company's profits through dividends.