Which of the Following Statements About School Placement Services and Trade

question 48

Multiple Choice

Which of the following statements about school placement services and trade associations as sources of potential job applicants is true?

• A) Since half of the student body majors in business at Kenyon University, employers looking for medical technicians would be more unlikely to attend the school's job fair than an employer looking for a salesperson.
• B) For firms seeking production, service, office, and clerical employees., community job fairs are likely to be more effective.
• C) Trade and professional journals provide an excellent forum for help wanted ads.
• D) Job fairs are often informal, and the public is invited to gather information and ask questions.
• E) All of the above statements are true.

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Definitions:

Income Summary

An account used temporarily during the closing process to aggregate all income and expense accounts before transferring their balances to the retained earnings account.

Current Assets

Assets that are expected to be converted into cash, sold, or used within a year, including cash, inventory, and receivables.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business, whichever is longer.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations by comparing current assets to current liabilities.