Automating the Personnel Selection Process Significantly Minimizes Time and Money

question 40

True/False

Automating the personnel selection process significantly minimizes time and money spent on recruitment and does not even require that a current database be maintained.

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Definitions:

Par Value

The nominal or face value of a stock or bond as stated by the issuing company, not necessarily reflecting its market value.

Legal Capital

Minimum amount of capital that a corporation must leave in the company (cannot be withdrawn by stockholders) for the protection of the creditors.

Stated Value

A value assigned to no-par stock by the company's board of directors.