Kevin, a Recent College Graduate, Applied for a Job with a Firm

question 95

Multiple Choice

Kevin, a recent college graduate, applied for a job with a firm which provides security to high-profile individuals. During the selection process, he was given a test for visual memory. Tests such as these are classified as_____.

• A) psychomotor ability tests
• B) cognitive ability tests
• C) illegal tests that discriminate against the disabled
• D) work sample tests

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Definitions:

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a predetermined price within a specific timeframe.

Warrants

Warrants are financial instruments that give the holder the right, but not the obligation, to buy a company's stock at a predetermined price before a specified expiration date.

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell shares of a stock at a specified price within a given time period.

Warrants

Options issued by a company that give the holder the right to purchase the company's stock at a specified price before a certain date.