Employers Use Application Forms for All of the Following Reasons

question 16

Multiple Choice

Employers use application forms for all of the following reasons EXCEPT that:

• A) they are a low-cost way to gather basic data from many applicants.
• B) they ensure that the organization has certain standard categories of information.
• C) they are not subject to equal employment opportunity standards.
• D) they allow the employer to keep up-to-date records of job applicants.
• E) they enable organizations to rank applicants.

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Definitions:

Resources

are materials, money, staff, and other assets that can be drawn on by a person or organization to function effectively.

Indexed Equity

A type of equity investment that tracks the performance of a market index, aiming to replicate its returns and risk characteristics.

Mutual Funds

Financial instruments that aggregate funds from various investors to acquire a varied collection of equities, debts, or alternative assets.

Consumer Price Index

An index that measures the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.