Which of the Following Is True About O*NET

question 47

Multiple Choice

Which of the following is true about O*NET?

• A)It is a private job-listing index that employers can use free of cost.
• B)It uses a common language that generalizes job specifications across various occupations.
• C)It relies exclusively on fixed job titles.
• D)It relies exclusively on narrow task descriptions.
• E)It is beneficial only for employers,not job seekers.

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Definitions:

Depreciation Value

The reduction in value of an asset over time due to wear and tear or obsolescence.

Internal Rate of Return (IRR)

The yield rate at which all of a project's cash flows' net present value becomes null.

Required Return

The minimum expected return an investor views as acceptable for an investment, based on its risk level.

Depreciation Rate

The rate at which an asset loses its value over time, often used for tax and accounting purposes to spread the cost of an asset over its useful life.