Which Statement Is Correct in Regards to Developing Required Competencies

question 51

Multiple Choice

Which statement is correct in regards to developing required competencies through a "buy" approach?

• A) injects the organization with new employees who possess the desired set of competencies
• B) implies developing the needed new set of competencies and behaviors in current employees
• C) assumes that employees are both capable of and motivated to acquire and utilize new skills and engage in new behaviors
• D) Both A and B
• E) Both B and C

Understand the concept and importance of the accounting period in financial reporting.

Learn how adjusting entries affect income statement and balance sheet accounts and their role in the accrual basis of accounting.

Grasp the purpose and process of adjusting entries in recording internal transactions and events.

Distinguish between the accrual basis and cash basis of accounting.

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Definitions:

Global

Pertaining to the entire world; involving or affecting all parts of the world.

National

Relating to or characteristic of a nation; common to the whole country.

Regional

Pertains to a specific geographic area, often used to describe the location-dependent aspects of business or culture.

Unique

Being the only one of its kind; unlike anything else, often referring to qualities that set someone or something apart from others.