Which of the Following Practices Is Likely to Be Used

question 65

Multiple Choice

Which of the following practices is likely to be used by companies using high -performance systems?

• A)utilize self-managing work teams
• B)fill jobs from internal candidates
• C)hire using validated selection tests
• D)train employees extensively
• E)all of the above

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Definitions:

Net Credit Sales

The total value of sales made on credit, minus returns and allowances, during a specific period.

Average Inventory

A calculation that reflects the average value of inventory over a certain period, often used for financial analysis.

Vertical Analysis

Vertical analysis is a financial analysis method that expresses each line item in a financial statement as a percentage of a base figure from the same statement, facilitating comparison.

Cost of Goods Sold

Expenditures directly linked to the production process of goods a company offers for sale, including labor and materials.