The USArmy Began to Use I/O Psychologists in _______ ;The First

question 60

Multiple Choice

The U.S.Army began to use I/O psychologists in _______ ;the first large-scale application of psychological testing to place individuals into jobs.

• A)World War I
• B)World War II
• C)the 1950's
• D)the 1970's

---

Definitions:

Ending Inventory

The total value of goods available for sale at the end of an accounting period.

Cost-to-Retail Ratio

A method used in retail to calculate the estimated ending inventory value at retail prices by dividing the cost of goods available for sale by the retail price of the goods.

Net Markups

The overall increase in the selling price of goods, net of any reductions or markdowns, calculated over the cost price.

Ending Inventory

The total value of all inventory in stock at the end of an accounting period, calculated using the cost of goods sold formula.