What justifications are used to support seniority?
What will be an ideal response?
Asserts that those already employed in the organization,
(a) have already been through the merit process once,
(b) have been screened in probationary periods and evaluation processes, and
(c) have superior organizational insight and loyalty because of their employment.
Seniority systems therefore either (a) limit job searches to internal candidates or (b) give internal candidates substantial advantages in the hiring process such as points for years of service or opportunities to fill positions prior to advertisement outside the agency.
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The delivery trucks of Italiana's Pizzeria incurred maintenance costs of $2,400 during its busiest month of 20xx, in which 8,000 miles were driven collectively. During its slowest month, $1,800 in maintenance costs were incurred, resulting from 5,000 miles being driven. Using the high-low method, what maintenance cost would the company expect to incur at 6,800 miles of driving?
a. $2,160 b. $2,060 c. $2,310 d. $2,010
If overapplied factory overhead is material, the account is closed by a credit to Cost of Goods Sold
Indicate whether the statement is true or false
The balance of payments (BOPs) is a record of a country's transactions with only its major trading partners.
Answer the following statement true (T) or false (F)
A company can use target profit analysis to determine the level of sales required to earn a target loss.
Answer the following statement true (T) or false (F)