Properly Designed Weighted Application and Biographical Information Blanks Have Been

question 33

True/False

Properly designed weighted application and biographical information blanks have been found to be especially useful for certain occupations such as insurance agents,engineers,and sales clerks.

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Definitions:

Marginal Tax Rate

The percentage of tax applied to your income for each additional dollar of income.

Average Tax Rate

The proportion of total income that is paid in taxes, calculated by dividing the total taxes paid by the total income.

Income

Cash inflow, regularly obtained, as compensation for work or earnings from invested capital.

Average Tax Rate

The average tax rate is the proportion of total taxable income paid in taxes, calculated by dividing the total tax paid by the total income.