How can an employer use preemployment testing to evaluate potential employees? Describe some of the tests that can be used
Preemployment tests can be used to assess an applicant's intelligence quotient (IQ), skills, aptitudes, vocational interests, personality, and performance. These tests can minimize turnover.
IQ tests are designed to measure the applicant's capacity to learn, solve problems, and understand relationships.
Aptitude tests are used to predict how a person might perform on a given job. Vocational interest tests are designed to determine the applicant's areas of major
interest as far as work is concerned.
Personality tests are supposed to measure the applicant's emotional adjustment and attitudes.
The most effective tests in selecting operative employees are achievement, proficiency, or skill tests, which measure the applicant's knowledge of and ability to do a given job.
Work sampling or work preview is a form of proficiency test in which the prospective employee is asked to do a task that is representative of the work usually done on the job.
Some organizations now test for drug use, a controversial but legal practice.
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Answer the following statement true (T) or false (F)
Under current GAAP, the rate of interest assigned to non-interest-bearing notes is
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A) the product is introduced in the market. B) a customer enquires about the product. C) the purchase is made. D) the customer recommends the product to others.
Which of the following is an attribute of the internal control component—monitoring of controls?
A) Internal auditors monitor company controls to safeguard assets, and external auditors evaluate the controls to ensure that the accounting records are accurate. B) Monitoring of controls is the "tone at the top" of the business. C) Monitoring of controls is designed to ensure that the business's goals are achieved. D) Monitoring of controls deals with identification and assessment of business risks.