Which of the following statements best reflects the relationship between credit scores and interest rates?
A) Individuals and businesses with higher credit scores pay higher interest rates.
B) Individuals and businesses with lower credit scores pay lower interest rates.
C) Individuals and businesses with higher credit scores pay lower interest rates.
D) There is no relationship between credit scores and interest rates.
E) Individuals and businesses with moderate credit scores pay lower interest rates than those with higher credit scores.
Question 2 - Your department is hiring a new engineer for the first time since the company launched several new products. Because the requirements for engineers in your department have changed since last year, you ask the current engineers to document their responsibilities and tasks. You are currently:
A) writing a job description.
B) performing a job analysis.
C) creating job specifications.
D) performing HRM development.
E) performing HRM maintenance.
Question 3 - Which of the following financial institutions would be considered a nonbank financial institution?
A) Credit union
B) Savings and loan association
C) National commercial bank
D) State-chartered commercial bank
E) Finance company
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