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The Fact
The Wonderlic Test dates all the way back to World War II. The U.S. government used it in order to select appropriate candidates for pilot training. The test itself lasted only 12 minutes and the candidates were expected to answer as many questions as possible as fast as they could.
To save money, especially in the banks or a different financial organizations in our time - this is a compromise. You just like grab a little of your today, something that, matters, to improve your tomorrow.