The "Guess Who?" Method Is Used

question 113

Multiple Choice

The "Guess who?" method is used

• A) in lieu of group tests for intelligence.
• B) to screen new employees.
• C) for purposes of peer appraisal.
• D) at Congressional hearings featuring high-level administrators of the CIA and the FBI.

---

Definitions:

Gross Profit

The financial gain obtained after subtracting the cost of goods sold from total sales revenue.

Inventory

Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials or supplies to be consumed in the production process or in the rendering of services.

Long-Term Construction

A method in accounting that recognizes the revenues and expenses of long-term construction projects as progress is made on the project.

Completed Contract

A method in accounting where all revenue and expenses of a contract are recognized only when the contract is completed.