A Manager at a Clothing Store Needs to Hire More

question 30

Multiple Choice

A manager at a clothing store needs to hire more sales associates,but is worried about hiring employees who might be inclined to steal.To ease her mind,the manager should administer ____ tests to job applicants.

• A) intelligence
• B) job-relevant knowledge
• C) integrity
• D) unstructured

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Definitions:

Contribution Margin

The amount of revenue remaining after deducting variable costs, used to cover fixed costs and generate profit.

Variable Costing Income Statement

A financial statement that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold and separates fixed overhead costs as period costs.

Electricity

The cost associated with the consumption of electrical power used in business operations or manufacturing processes.

Absorption Costing

An accounting method where all manufacturing costs, both fixed and variable, are allocated to produced units, making it different from variable or direct costing methods.