In the context of the process of selection of employees, validity is making sure that:
A. an employee selection test is administered by a trained professional.
B. an employee selection test is approved by all businesses alike.
C. the results of an employee selection test are kept confidential.
D. the contents of an employee selection test correspond to job performance.
Answer: D
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What is meant by the balance in the retained earnings account?
Examples of ______ are ineffective communication with employees, unclear processes and procedures, disorganized leadership, failure to involve employees, and inadequate resources.
A. change hindrances B. diversity hindrances C. mission hindrances D. mergers and acquisitions hindrances
The accounting for fair value hedges is similar under both U.S. GAAP and IFRS. Which of the following is/are true?
a. Firms remeasure both the hedged item and the related derivative instrument (the hedging instrument) to fair value each period. b. Firms remeasure both the hedged item and the related derivative instrument (the hedging instrument) to recognize gains and losses from changes in the fair value of both in net income. c. If the hedge is fully effective, the gain (loss) on the derivative will precisely offset the loss (gain) on the asset or liability hedged. The net effect on earnings is zero. d. If the hedge is not fully effective, the net gain or loss increases or decreases earnings to the degree the offset is incomplete. e. all of the above
Consider the Demand for Microwave Ovens data set. What is the total demand corresponding to random numbers 11, 16, 95, 83, 97, and 77?
A. 17
B. 18
C. 15
D. 14