In comparing internal selection with external selection, an advantage of internal selection is that

by
A. Internal selection requires few procedures to locate and screen viable job candidate
B. Internal selection presents fewer dangers of incurring legal liability than external selection
C. There is less need to use multiple predictors in assessing internal candidates than. With external candidates
D. Information about internal candidates tends to be more verifiable than information about external candidates
✅ The correct answer is option D.
In comparing internal selection with external selection, an advantage of internal selection is that information about internal candidates tends to be more verifiable than information about external candidates. Depth of information and relevance are the only advantages that internal selection has over external selection.

________________ is a program code that cannot work without being inserted into another program.

by
A. Worm
B. Virus
C. Sniffer
D. Spoofing
✅ The correct answer is option B.
Virus is a program code that cannot work without being inserted into another program. A computer virus is a type of malicious code or program written to alter the way a computer operates and is designed to spread from one computer to another. A virus operates by inserting or attaching itself to a legitimate program or document that supports macros in order to execute its code.

The acronym SWOT stands for

by
A. Special Weapons for Operations Timeliness
B. Services, Worldwide Optimization and Transport
C. Strengths, Weakness, Opportunities and Threats
D. None of the above
✅ The correct answer is option C.
The acronym SWOT stands for Strengths, Weakness, Opportunities and Threats. It is a way of summarizing the current state of a company and helping to devise a plan for the future, one that employs the existing strengths, redresses existing weaknesses, exploits opportunities and defends against threats.

Choice of correlation coefficient is between

by
A. 0 to 1
B. 0 to 2
C. Minus 1 to +1
D. Minus 1 to 3
✅ The correct answer is option C.
Choice of correlation coefficient is between Minus 1 to +1. The value of the correlation coefficient lies between minus one and plus one, –1 ≤ r ≤ 1. If, in any exercise, the value of r is outside this range it indicates error in calculation.

In maximization cases, _____________ are assigned to the artificial variables as their coefficients in the objective function.

by
A. +m
B. –m
C. 0
D. None of the above
✅ The correct answer is option A.
In maximization cases, +m are assigned to the artificial variables as their coefficients in the objective function. There may be situation when the assignment problem calls for maximization of profit.
Such problem can be solved by converting the given maximization problem into minimization problem by substracting all the elements of the given matrix from the highest element.

Federal funds are loans borrowed and lent on

by
A. single payment basis
B. monthly payment basis
C. semi-annual payment basis
D. annual payment basis
✅ The correct answer is option A.
Federal funds are loans borrowed and lent on single payment basis. Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions deposit at regional Federal Reserve banks; these funds can be lent, then, to other market participants with insufficient cash on hand to meet their lending and reserve needs.

Bond which is denominated in dollars and is issued in European financial markets is considered as

by
A. Australian bonds
B. Eurobonds
C. interbank bonds
D. interbank bonds
✅ The correct answer is option B.
Bond which is denominated in dollars and is issued in European financial markets is considered as Eurobonds. A Eurobond is debt instrument that’s denominated in a currency other than the home currency of the country or market in which it is issued. Eurobonds are frequently grouped together by the currency in which they are denominated, such as eurodollar or Euro-yen bonds.

Consider buying call option, if price of stock falls then buyer of call option has

by
A. high potential of profit
B. low potential of profit
C. low potential of losses
D. high potential of losses
✅ The correct answer is option D.
Consider buying call option, if price of stock falls then buyer of call option has high potential of losses. Traders buy a call option in the commodities or futures markets if they expect the underlying futures price to move higher. Buying a call option entitles the buyer of the option the right to purchase the underlying futures contract at the strike price any time before the contract expires.