When Your Current Job Title Is Unrelated to Your Current

question 62

Multiple Choice

When your current job title is unrelated to your current career goals, you should

• A) use skill headings rather than the job title.
• B) alter your title to suit the job.
• C) add a footnote to explain.
• D) insert a table comparing the two positions.

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Definitions:

Cash Discount

An incentive offered by sellers to purchasers for paying an invoice promptly, usually defined as a percentage reduction in the invoice amount.

EOQ Model

Economic Order Quantity model; an inventory management method used to determine the optimum order quantity that minimizes the total inventory holding costs and ordering costs.

Shortage Costs

Costs that fall with increases in the level of investment in current assets.

Carrying Costs

Expenses incurred for holding inventory, including storage, insurance, and handling costs.