Esperanza is a recruiter for Brady Manufacturing and has been asked to hire a new accountant for the company. Esperanza has been asked to use internal sources for this search. Please develop a recruiting plan for Esperanza using one of the internal recruiting options.
What will be an ideal response?
Answers to this question will vary but should be based on either promotions from within, employee referrals, or previous applicants. Another option would be horizontal or lateral transfers.
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Which of the following statements is true concerning external users of financial information?
a. External users need detailed records of the business to make informed decisions. b. External users are primarily responsible for the preparation of financial statements. c. External users rely on the financial statements to help make informed decisions. d. External users rely on management to tell them whether the company is a good investment
In your regular goods and services consumption activities, you purchase products for resale and for use in your daily operations. You also purchase products that you will use to produce other products. Based on this information, which of the following best describes the type of market you are part of?
A. B2C market B. Business market C. Consumer market D. Institutional market E. Reseller market
Which of the following is not classified as a selling expense on the income statement?
A) Sales salaries expense. B) Interest expense. C) Freight-out expense. D) Advertising expense.
On January 1 . 2014, Gustavo Hospital issued a $250,000, 1 . percent, 5-year bond for $231,601 . Interest is payable on June 30 and December 31 . Gustavo uses the effective-interest method to amortize all premiums and discounts. Assuming an effective interest rate of 1 . percent, how much interest expense should be recorded on June 30, 2014?
a. $11,935.14 b. $12,500.00 c. $13,896.06 d. $14,729.82