For selection purposes, it is critical that application items have a proven relationship between a selection device and some relevant criterion. This is called:

A) validity.
B) fairness.
C) reliability.
D) equality.
E) just.


Answer: A) validity.

Business

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Which of the following is a false assumption made by many salespeople?

A. Price is the only factor in a buying decision. B. Unimportant benefits should be deemphasized. C. Benefits are very important to buyers. D. Psychological factors influence buying decisions. E. Wants and needs motivate buying decisions.

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Under the moral minimum theory of the social responsibility of business, it is acceptable for a

business to injure others so long as the business adequately compensates those who are injured. Indicate whether the statement is true or false

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Which of these factors weighs heavily in the decision to terminate a project?

A) Inability to protect results B) Increased market receptiveness C) Meeting project cost milestones D) Low probability of return on investment

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Which of the following transactions affects cash flows?

A. Accrual of interest receivable B. Payment of dividends declared in a previous year C. Recognition of depreciation expense D. Issuance of a stock dividend

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