A Letter Rejecting a Job Applicant Should

question 7

Multiple Choice

A letter rejecting a job applicant should

• A)avoid explaining why he or she was not selected.
• B)point out the applicant's shortcomings.
• C)be as personal as possible.
• D)be as long as possible.

---

Definitions:

Incremental Borrowing Rate

The interest rate a company would have to pay if it borrows funds, serving as an estimate for lease accounting when the implicit rate in the lease is unclear.

Balance Sheet

An accounting document that outlines the assets, liabilities, and owners' equity of a company on a specific date.

Land

A fixed asset category representing the ownership of a physical parcel of the earth's surface which is used in operations and has an indefinite useful life.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the company.