Which of the Following Statements About Reliability of Job Analysis

question 45

Multiple Choice

Which of the following statements about reliability of job analysis is true?

• A)It is a measure of the practicality of the information collected.
• B)It reflects whether there is a convergence of results among sources of data and methods.
• C)It is a necessary condition for validity.
• D)It is a sufficient condition for validity.

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Definitions:

FOB Shipping Point

A shipping term indicating that the buyer is responsible for the shipping costs and owns the goods in transit once they leave the seller's premises.

Cost Flow Assumption

An accounting method used to value inventory and determine the cost of goods sold, such as FIFO (First-In, First-Out) or LIFO (Last-In, First-Out).

Net Realizable Value

The estimated selling price of goods, minus the costs of their sale or completion, used in determining the value of inventory on hand.

LIFO

An inventory valuation method standing for Last-In, First-Out, where the most recently acquired items are assumed to be sold or used first.