What is a disadvantage of using résumés as a source of information about job applicants?
A. It is a relatively expensive method of gathering information.
B. A résumé is biased in favor of the employer.
C. The content of the résumé is controlled by the applicant.
D. Review of résumés is least valid when the content of the résumés is evaluated in terms of the elements of a job description.
E. It does not allow applicants to highlight accomplishments.
Answer: C
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What is the operating cycle of a business? How does this impact the classification of assets into current and noncurrent categories?
Which of the following is true regarding the relationship of the current ratio to the quick ratio?
a. The current ratio is based on a more conservative measure of liquidity. b. Both focus on the relationship between part or all of the firm's current assets and all of its current liabilities. c. Both focus on the relationship between all of the firm's current assets and part or all of its current liabilities. d. For a company in the service industry, the current ratio and quick ratio will be significantly different.
The difference in time between planned order release and planned order receipt ______.
a. ensures safety lead time b. depends on lead time required c. depends on inventory holding cost d. is called time phasing
Consumer socialization is the process through which a person acquires the knowledge and skills to function as a consumer.
Answer the following statement true (T) or false (F)