How Can You Avoid the Adverse Impact of Cognitive Ability

question 4

Multiple Choice

How can you avoid the adverse impact of cognitive ability tests

• A)Use common sense.
• B)Carry out structured interviews.
• C)Employ aptitude tests.
• D)Do field investigation.

---

Definitions:

Sales

Revenue generated from goods or services exchanged by an entity during its normal business operations.

Break-even Analysis

An assessment to determine the sales volume at which total revenues equal total costs, indicating no net loss or gain.

Cost-volume-profit Analysis

An accounting technique that analyzes how changes in costs, sales volume, and price affect a company's profit.

Contribution Margin Ratio

The contribution margin ratio quantifies the portion of sales revenue that is not consumed by variable costs and is available to cover fixed costs and generate profit.