It Can Be Said That Employment Tests

question 20

Multiple Choice

It can be said that employment tests:

• A)make objective assessment of an applicant's potential
• B)are versatile
• C)can assess applicant's hidden values
• D)A and B
• E)all of the above

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Definitions:

Accounts Receivable

Receivables from clients or customers for goods sold or services performed by a business, awaiting payment.

Contra-Revenue

Accounts on the income statement that are deducted from gross revenue to arrive at net revenue, including sales returns, allowances, and discounts.

Discount Period

The timeframe during which a payment can be made at a reduced price or with a deduction from the full invoice amount.

Sales Discounts

A reduction in the sale price offered by a seller to a buyer for prompt payment or within a specific time period.