Describe the process of "hiring via personal networks."
What will be an ideal response?
This process involves recruiting job candidates at the pinnacle of social networks in organizations, particularly if they are seen as having the potential to bring with them a raft of valuable colleagues.
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The letter E, in the CAMELS rating system, which is used to assess the health of the banks, represents the _____ for a bank.
A. elasticity of demand. B. equal opportunity compliance. C. earnings. D. elements of risk.
There are some liabilities, such as income tax payable, for which the amounts must be estimated. Failure to estimate these amounts and record them would be a violation of the
a. matching principle b. convention of conservation c. practice of consistency d. concept of historical cost
Only entries that affect cash may be recorded directly in the general ledger
Indicate whether the statement is true or false
If a check correctly written and paid by the bank for $272 is incorrectly recorded in the company's books for $227, how should this error be treated on the bank reconciliation?
A. Add $45 to the book balance. B. Add $45 to the bank's balance. C. Subtract $45 from the bank's balance and add $45 to the book's balance. D. Subtract $45 from the book balance. E. Subtract $45 from the bank's balance.