Which of the Following Is an Advantage of Relying on Internal

question 46

Multiple Choice

Which of the following is an advantage of relying on internal recruitment sources?

• A)They are likely to increase diversity.
• B)They minimize the impact of political considerations in the hiring decision.
• C)They are generally cheaper and faster than other means.
• D)They will increase innovation within an organization.

Understand the concept and significance of investment allowances in the context of capital expenditures.

Distinguish between the net present value (NPV) method and the internal rate of return (IRR) method, with an emphasis on their treatment of the time value of money.

Recognize the concept and objectives of least-cost decisions in capital budgeting.

Understand the basic principles of pricing models and strategies.

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Definitions:

Simple Interest

Interest calculated only on the initial amount of money deposited or loaned, not on any interest accrued over time.

Ordinary Interest

Interest calculated based on a 360-day year, often used in banking for loans and savings.

Exact Interest

Interest calculated based on the actual number of days in a year or a specific time period, often used in financial transactions.

Exact Interest

A precise calculation of interest accrual that adheres strictly to the actual number of days in the calendar year, often set at 365 or 366 days.