When United Parcel Service (UPS) is looking for crews to fly its giant 747 cargo aircraft, it wants to hire the very best people to whom to entrust its extremely expensive equipment. Therefore, it looks for
A. only applicants from internal sources.
B. only applicants from external sources.
C. only pilots laid off from passenger carriers.
D. many more applicants than there are positions to be filled.
E. a very small number of applicants to reduce the time and costs required to examine the complex credentials of a larger number of applicants.
Answer: D
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What would be the effect on the accounting equation of the following transaction? Lipstadt's Financial Services sells services for cash
a. Increase S. Lipstadt, Capital b. Decrease Accounts Receivable c. Decrease Cash d. Increase Income from Services
At any point in time, assets must equal the contribution of the creditors only
Indicate whether the statement is true or false
When a communicator substitutes a bland or less direct expression to refer to a word that is not often used publicly, such as words associated with sexual relations or bodily functions, the communicator is using a (n) ______.
A. euphemism B. slang C. proverb D. metaphor
Which of the following statements is true regarding a subsidiary's investment in the parent company's stock?
A. In consolidation, the parent's retained earnings will not be reduced by the dividends it paid to the subsidiary. B. This corporate combination is known as mutual ownership. C. The treasury stock approach focuses on the parent's control over its subsidiary. D. For consolidation, both the parent and subsidiary must defer gross profit on remaining inventory from intra-entity transfers. E. All of these answer choices are true statements.