According to your textbook, what is one of the concerns of using tests and measures in the human resource selection process?
a. The tests don’t measure anything that correlates to performance of tasks at work
b. Some tests can be discriminatory and a basis for litigation due to their cultural bias
c. Tests and measures are better than interview techniques
d. All of the above
b. Some tests can be discriminatory and a basis for litigation due to their cultural bias
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HCN is a wholesaler that supplies consumer goods products to a number of retailers. HCN has witnessed the worrying trend of its competitors losing out on suppliers, who approach retailers directly
How can HCN strengthen its relationship with manufacturers and prevent this?
Jameson Company earned net income of $75,000 during the year ended December 31, 2018. On December 20, Jameson declared the annual cash dividend on its 8% noncumulative preferred stock (par value, $150,000) and a $0.50 per share cash dividend on its common stock (45,000 shares). Jameson then paid the dividends on January 10, 2019.
Prepare the journal entries to record the declaration and the distribution of the dividends. Explanations are not required.
Rusty is the president of The Huge Insurance Company. His Vice-President in charge of Finance comes to him one day and says "Rusty, our combined ratio for the year is 95%
" Rusty replies, "Wooo hooo, profit sharing bonuses for everyone!" Why isn't Rusty upset about this combined ratio? A) The company probably made enough money on its investments to make up for the underwriting losses. B) The company has actually made a profit on its insurance business. C) Rusty is not very bright and doesn't understand what the combined ratio really means. D) The combined ratio is not an important indicator of underwriting results.
If you have to update the same information in multiple places within the database, you have:
A) An insert anomaly B) An update anomaly C) A deletion anomaly D) None of the above