How Can an Employer Use Preemployment Testing to Evaluate Potential

question 71

Essay

How can an employer use preemployment testing to evaluate potential employees? Describe some of the tests that can be used.

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Definitions:

Account Balance

The amount of money in a financial repository at any given moment, which can include debts owed or credits available.

Financial Statement

Reports that provide detailed information about a company's financial performance and position, including the balance sheet, income statement, and cash flow statement.

Temporary/Permanent

Refers to classifications of accounts or differences affecting the timing of tax declarations and financial accounting records.

Effective Rate

The real or actual rate of interest to the borrowing corporation.