Authorities Who Favor the Inclusion of a Statement of Objective

question 14

Multiple Choice

Authorities who favor the inclusion of a statement of objective in a résumé reason that it _____.

• A) helps increase the overall length of the résumé and gives it a more professional look
• B) provides a concise summary of the skills and qualifications of the candidate
• C) includes information that is not suggested by the remainder of the résumé
• D) helps a recruiter see quickly where an applicant might fit into a company
• E) limits the applicant to a single position and eliminates consideration for other jobs that may be available

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Definitions:

Time Value of Money

The principle that holding money now is more valuable than possessing the same sum at a later date because of its current potential to generate earnings.

Discount Rate

The interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows.

Net Present Value

An evaluation metric that calculates the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Capital Budgeting Decisions

The process of making investment decisions in fixed assets or projects with long-term implications for an organization's financial health.