Which of the Following Is a Good Definition of a Job

question 5

Multiple Choice

Which of the following is a good definition of a job family?

• A) A grouping of elements to form an identifiable work activity that is a logical and necessary step in the performance of a job
• B) A grouping of jobs, usually according to function
• C) A grouping of jobs according to generic job title or occupation
• D) A grouping of positions that are similar in their tasks and task dimension

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Definitions:

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.

Accounts Receivable

This is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its customers by comparing net credit sales to average accounts receivable.

Cash Sales

Transactions where payment is made in cash at the time of sale, without any credit terms.