Which of the Following Is an Advantage of the Multiple

question 56

Multiple Choice

Which of the following is an advantage of the multiple regression selection decision making model?

• A)It narrows the applicant pool to a smaller subset of qualified applicants quicker than other models.
• B)It is less costly since the applicant pool gets smaller at each stage of analysis.
• C)It is very flexible with respect to data type.
• D)It is conceptually easier to explain to managers than the other models.

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Definitions:

Explicit Interest

The interest rate stated in a contract or agreement, not including any compounding interest or hidden fees.

Capital

Financial assets or the value of financial assets used for the creation of goods or services or for investing.

Pledging

The act of providing an asset as security or collateral for a loan, ensuring the lender can claim the asset if the loan is not repaid.

Receivables

Money owed to a company by its clients or customers for goods or services provided on credit.