Although Inexpensive to Develop, Assessment Centers Are Infrequently Used by Employers

question 12

True/False

Although inexpensive to develop, assessment centers are infrequently used by employers because such tests have a weak correlation with future job performance.

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Definitions:

Rate

The percentage at which interest is charged or paid, or a measure of change over time.

Compound-Interest

Interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

Canada Savings Bond

A financial product offered by the Government of Canada that provides a competitive, fixed interest rate over a specified period.

Redeemed

The act of exchanging a financial security or coupon for cash or the value promised.