Employees Usually Have a Strong Preference for Firms to Use

question 91

True/False

Employees usually have a strong preference for firms to use the internal managerial labor market when selecting top management team members and the CEO.

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Definitions:

NSF Check

A cheque that has been returned by a bank because the account it was drawn on did not have sufficient funds.

Outstanding Checks

Checks issued by a company awaiting cashing or clearance by the bank.

Adjusted Cash Balance

The cash amount shown in a company's books after adjustments have been made for checks outstanding, deposits in transit, and other factors.

Bank Service Charge

Fees charged by banks for the various services and account maintenance provided to customers.