Quollenp, a textile manufacturer, is conducting a recruitment process to hire the right candidate for the post of cutting room manager. Those job applicants who clear the initial screening process will have to go through a practical examination. The practical examination will analyze their skills in cutting fabric efficiently. In the context of employee selection, this scenario best illustrates _____.
A. testing
B. references and background checks
C. unstructured interviews
D. orientation
Answer: A
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Jonathan works for a firm that assists companies in promoting, distributing, and selling their products to end consumers. The firm Jonathan works for is a ________
A) licensor B) supplier C) marketing intermediary D) local public E) general public
The gross profit from a sale of inventory manufactured in the United States and sold by a U.S. retailer to a customer in Spain will always be treated as 100 percent U.S. source income.
Answer the following statement true (T) or false (F)
The _____ report changes in assets and liabilities over a period of time, similar to a motion picture
a. balance sheet and income statement b. income statement and statement of cash flows c. balance sheet and statement of cash flows d. statement of cash flows and funds flow statement e. balance sheet and statement of cash receipts and disbursements
Pierre's Ice Cream Company produces ultra-rich ice cream, which it sells in Cleveland, Ohio, and other neighboring places. Last year, its actual return on investment exceeded its target return on investment (ROI) for that fiscal year
The following results were found on its financial statements: Gross revenues: $250,000 Total assets: $500,000 Gross profits: $100,000 Total liabilities: $200,000 Net profits after tax: $ 50,000 Owner's equity: $300,000 What was the actual ROI for Pierre's Ice Cream Company? a. 6.67 percent b. 10 percent c. 22 percent d. 28 percent