When Internally Recruiting for Higher-Level Positions,a Skills Inventory System May

question 87

True/False

When internally recruiting for higher-level positions,a skills inventory system may be used to identify internal candidates,or managers may be asked to recommend individuals to be considered.

---

Definitions:

Accounts Receivable

Accounts receivable refers to the amount of money that customers owe to a company for goods or services that have been delivered but not yet paid for.

Cash

Liquid currency and assets readily convertible into cash, used to fund day-to-day operations and transactions.

Liquidity

A measure of how easily assets can be converted into cash without losing value.

Obligations

Responsibilities or duties bound by law or contract that one party owes another, including the repayment of debts or fulfilling contractual agreements.