The Type of HRD Need That Identifies New or Better

question 7

Multiple Choice

The type of HRD need that identifies new or better ways to perform tasks is known as a:

• A)democratic need
• B)diagnostic need
• C)analytic need
• D)compliance need

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Definitions:

Semiannual Interest

Interest that is both computed and disbursed semi-annually on an investment or loan.

Bond Discount

The financial disparity that occurs when a bond is sold for an amount below its stated face value, comparing its selling price to its face value.

Interest Method

A financial calculation used to determine the amount of interest due or earned over a specific period of time, considering factors like principal, rate, and time.

Annuity

An investment vehicle that provides a consistent series of payments to a person, mainly serving as a source of income for those who have retired.