What Are Two Principal Criteria for Determining Promotions

question 183

Multiple Choice

What are two principal criteria for determining promotions?

• A)seniority and salary
• B)knowledge and skills
• C)merit and seniority
• D)seniority and knowledge

---

Definitions:

Ordinary Annuity

A financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees.

Tax-deferred

Tax-deferred refers to investments or accounts that allow earnings to grow without being taxed until the investor takes distributions, typically during retirement.

RRSP

Registered Retirement Savings Plan, a type of Canadian account for holding savings and investment assets, with advantageous tax benefits.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.