Selection and acceptance are different.
Wrong, you will not be selected unless you indicate your willingness to pay.
Anyway, it's all semantics again Mr Shady. No dosh, no job, it's very simple. You can be Chuck Yeager, God and Michael O'Leary all rolled into one, but if you ain't chequing out you ain't checking in.
It is therefore axiomatic that the willingness to pay is the overriding quality required to get the job. Without the cash, nothing else matters.