Reasons Why an Organization May Not Be Able to Fill

question 78

Multiple Choice

Reasons why an organization may not be able to fill human resource demands internally include:

• A) some jobs are entry level
• B) a corporate strategy that prevents internal job promotions
• C) some jobs cost too much to fill internally
• D) union contracts usually prevent employees being promoted
• E) most employees normally refuse promotions

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Definitions:

Average Cost

A method for inventory and cost of goods sold valuation, calculated by dividing the total cost by the number of items.

LIFO Method

Last In, First Out method; an inventory valuation technique where the most recently produced items are recorded as sold first.

Prospective Treatment

An approach in accounting where changes are applied to transactions and events from a specific date forward.

Reporting Entity

An entity, such as a company or organization, that must prepare financial statements to provide information to users.