If You Are Offered a Job You Decide Not to Accept

question 15

Multiple Choice

If you are offered a job you decide not to accept, what is the best action to take?

• A) Call or write a note declining the offer but thanking the employer for their time and the offer.
• B) Call or write to explain to the employer why you are turning down the offer.
• C) Ask the employer if he or she knows of any other job openings.
• D) None. If you don't respond, the employer will know you're not interested.

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Definitions:

GAAP

Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting used in any given jurisdiction; generally known as the standard guidelines for financial accounting.

Purchasing Department

The division within an organization responsible for acquiring goods, services, and equipment necessary for its operations.

Weighted Average Cost Flow Assumption

An inventory valuation method that calculates the cost of goods sold and ending inventory based on the average cost of all similar items available during the period.

LIFO

Last In, First Out, an inventory valuation method where the most recently produced items are recorded as sold first.