As an Employee of the Human Resource Department of a Major

question 216

Multiple Choice

As an employee of the human resource department of a major corporation, you are concerned about the potential costs of drug abuse. You are contemplating testing employees for substance abuse. Before adopting such tests, you should know that

• A) this type of testing has been found to be illegal, but many firms do it anyway.
• B) medical tests of this nature are not very accurate.
• C) if you use these tests, your company will join over 60 percent of major companies that test workers and job applicants.
• D) these tests are very expensive, and should only be given to those who may belong to groups judged to be at higher risk.

Understand the concept and purpose of common-size comparative statements.

Calculate and interpret various financial ratios including liquidity, solvency, and profitability ratios.

Understand and apply the technique of horizontal analysis to evaluate changes in financial statements over time.

Compute trend percents to analyze the financial performance and position over multiple periods.

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Definitions:

Abstract Method

A method declared in an abstract class that has no implementation and must be overridden by subclasses.

Private Modifier

A keyword in object-oriented programming languages that restricts the visibility of a class member, making it accessible only within the same class.

Concrete Class

A class in object-oriented programming that can be instantiated, as opposed to an abstract class, and provides implementations for all its methods.

Abstract Methods

Abstract methods are methods in Java that are declared without an implementation in an abstract class, and must be implemented by subclasses.