A manager attempting to select an employment test that will most accurately assess the applicant's likely performance on the job is primarily concerned with the _______ of the test.
A. reliability
B. equity
C. validity
D. efficiency
E. complexity
Answer: C
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Carter's Critters, a large pet store, pays its employees a base salary, as well as up to a 10 percent bonus based on high individual performance and up to a 7 percent bonus based on high team performance. Carter's uses a reward structure with
A. parallel teams. B. punctuated equilibrium. C. hybrid outcome interdependence. D. management teams. E. sequential interdependence.
D&R Products forecasts that it will require $10,000 for equipment and depreciation will be over 5 years. The $10,000 will be reflected in the balance sheet as _____.
A. inventory B. gross fixed assets C. net fixed assets D. accounts payable
Which of the following activities would be classified as important but not urgent in the time management matrix?
A. Preparing for an upcoming event B. Checking emails C. Dealing with a crisis D. Writing a report due in one hour
Answer the following statements true (T) or false (F)
1. Most frauds are committed by people below the top executive levels. 2. An F-Score can predict 60% of misstatements in financial statements that eventually come to light as restatements. 3. Misstating financial information in one period to prevent a loan being called for violating debt to equity covenants is okay as long as the violation is reversed in the next period. 4. Knowledge of the characteristics of SIN numbers can be useful to auditors when checking personnel files and the validity of people on the payroll.