Prior to Choosing a Selection Method,one Must Have a Firm

question 34

Multiple Choice

Prior to choosing a selection method,one must have a firm understanding of the:

• A)knowledge,skills,and abilities necessary to do the job.
• B)pool of applicants.
• C)time allotted for employee selection.
• D)various employee selection methods and expense of each.

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Definitions:

Fixed Assets

Long-term assets bought for use in the operation of a business, not intended for resale, such as machinery, buildings, and vehicles.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was put into use, reducing its book value on the balance sheet.

Buildings

Physical structures owned by a business that are used for operational purposes, considered long-term assets on the balance sheet.

Other Income/Expense

Revenue or costs that are not related to a company's main business operations, such as gains or losses from investments or foreign exchange.