Which of the Following Is the Most Frequently Sought Reference

question 24

Multiple Choice

Which of the following is the most frequently sought reference information from applicants?

• A)salary history
• B)prospective hire's qualifications for a specific job
• C)dates of employment
• D)eligibility for rehire

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Definitions:

Opportunity Costs

The cost of foregoing the next best alternative when making a decision.

Credit Policy

Guidelines that a company follows to determine the creditworthiness of customers, the terms of credit to extend, and how to collect payments.

Economic Order Quantity

A calculation used to determine the most cost-effective quantity of inventory to order, minimizing both ordering and holding costs.

Safety Stock

Additional inventory beyond expected demand, kept on hand to prevent stockouts typically caused by uncertainties in supply or demand.