Which of the Following Is a Disadvantage of Using Internal

question 42

Multiple Choice

Which of the following is a disadvantage of using internal sources of candidates to fill vacant positions?

• A)knowledge of candidates' strengths and weaknesses
• B)accurate view of skill sets
• C)potential to upset or lose employees who aren't promoted
• D)reduced training and orientation required
• E)high commitment to the company

Understand the organization and purpose of the voucher system.

Identify the internal controls integrated within the voucher system.

Differentiate between the gross and net methods for recording transactions in the voucher system.

Record transactions accurately using the voucher system under both the periodic inventory system and the gross method.

---

Definitions:

Production

The process of creating goods or services by combining labor, capital, and natural resources to meet consumer demand.

Technological Advance

The discovery of new technologies or the improvement of existing ones, significantly altering the way goods or services are produced.

Digital Video Recorders

Electronic devices that record video in a digital format to a disk drive, USB flash drive, SD memory card, or other local or networked mass storage device.

Price

The financial value anticipated, demanded, or provided as compensation for something.