Roland University Requires All Applicants to Its Masters of Business

question 108

Multiple Choice

Roland University requires all applicants to its Masters of Business Administration programs to take the Roland Aptitude Test.This exam measures the test taker's aptitude for management by measuring things like verbal comprehension,mathematical calculations,and other necessary management skills.This type of test is considered as a(n) :

• A) personality test.
• B) performance test.
• C) integrity test.
• D) cognitive ability test.
• E) background test.

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Definitions:

Put Contracts

Financial derivatives that give the holder the right, but not the obligation, to sell a specific amount of a security at a specified price within a specified time period.

Underlying Stock

The stock that is the basis for a particular derivative instrument, such as an option.

Market Value

The current quoted price at which an asset or company can be bought or sold on the open market.

November 47.50 Call

A call option contract for the right to buy a specific financial instrument at a price of 47.50, expiring in November.