What Is the Most Important Drawback of Using Educational Institutions

question 92

Multiple Choice

What is the most important drawback of using educational institutions for recruitment?

• A) that HR still has to perform a host of selection tests
• B) that the candidates usually have no full-time job experience
• C) that the type of recruitment is limited to sales and retail
• D) that basing recruitment of candidates on grade transcripts is not a valid selection tool

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Definitions:

Average Collection Period

The usual number of days necessary for a firm to get payments from its buyers.

Operating Cycle

The duration of time it takes for a company to buy inventory, sell the goods, and collect the receivables from the sale.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including material and labor costs.

Cash Collections

Cash collections refer to the process of gathering all cash generated from sales, services, or receivables by a business during a specific period.