What Is the Primary Purpose of an Applicant Tracking System

question 56

Multiple Choice

What is the primary purpose of an applicant tracking system?

• A)sorting resumes based on an applicant's years of work experience
• B)generating advertisements for attracting and gathering applicants
• C)assisting employers in attracting, screening, and managing applicants
• D)assisting recruiters with locating internal applicants for key positions

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Definitions:

Simple Rate

An interest calculation method where interest is calculated on the principal amount only, without compounding.

Cash Flows

Movements of money into and out of a business or an account that are used to measure financial health or operational effectiveness.

Working Capital

A measure of a company's operational liquidity, calculated as current assets minus current liabilities.

Net Present Value

A financial metric that represents the difference between the present value of cash inflows and outflows over a period of time.