Which of These Is NOT a Way That Hiring Practices

question 1

Multiple Choice

Which of these is NOT a way that hiring practices have changed over the past few decades?

• A) Firms use more temporary workers.
• B) Firms are more likely to add overtime shifts for permanent employees.
• C) Firms are more likely to use just-in-time hiring practices.
• D) Firms are more likely to hire permanent employees.

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Definitions:

Sales on Account

Transactions where goods or services are delivered with payment to be made at a later date, typically recorded as accounts receivable.

Inventory Turnover

A financial ratio indicating how many times a company's inventory is sold and replaced over a period, illustrating the company's efficiency in managing and selling its stock.

Cost of Goods Sold

The immediate expenses related to producing the goods that a company sells, which involve both materials and labor.

Beginning Inventory

The cost of products on hand for selling at the commencement of an accounting cycle.