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Performance Tests Commonly Assume That the Applicants Already Have the Knowledge,ability,and

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Performance tests commonly assume that the applicants already have the knowledge,ability,and skill to complete the job behavior required in the test.


Definitions:

Capital Gain Yield

The increase in the price of an investment, calculated as the percentage difference between the current price and the purchase price.

Rate Of Total Return

A measure of the overall return on an investment, including both capital gains and income, expressed as a percentage of the initial investment.

Income Yield

The return on an investment expressed as a percentage of the investment’s cost.

Total Return

A measure of the overall return on an investment, including both capital appreciation and dividends or interest, over a specific period.

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