A(n) _____ Is a Selection and Development Device Composed of a Series

question 81

Multiple Choice

A(n) _____ is a selection and development device composed of a series of evaluative exercises and tests in which candidates are evaluated by a panel of trained raters.

• A) situational judgment test
• B) assessment center
• C) panel interview
• D) work simulation

---

Definitions:

Transactions

Financial activities or events that affect the financial position of a business, such as sales and purchases.

Accounting Equation

The foundational principle in accounting that equates assets with the sum of liabilities and owner's equity: Assets = Liabilities + Equity.

Equity

Equity represents the ownership value held in assets after all liabilities have been subtracted, often referred to as net worth.

Sole Proprietorship

A business structure in which a single individual owns and operates the business, bearing unlimited personal liability.