The Use of Employee Testing

question 53

Multiple Choice

The use of employee testing

• A) has declined since World War II.
• B) is confined only to upper-level management positions.
• C) is increasing in public, but not in private, sector organizations.
• D) is quite widespread in organizations today.

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Definitions:

Annual Rates

The interest rate quoted for a whole year, as opposed to rates quoted for shorter periods.

Compounded Quarterly

Refers to the calculation of interest which is added to the principal balance four times within a year, enhancing the amount of future interest earned.

Annual Rate

The interest rate for a period of one year, often expressed as an annual percentage rate.

Compounded Quarterly

This is the procedure of determining interest by adding it to the original investment amount as well as the previously accumulated interest, performed every quarter.