The Job Market for Accounting Professors Has Suddenly Strengthened

question 4

Multiple Choice

The job market for accounting professors has suddenly strengthened. Newly-graduated accounting Ph.Ds are being offered over $100,000 per year. Many current accounting professors are making significantly less and university salary budgets are tight. In addition, many accounting professors are reaching retirement age. As an HR professional with an understanding of compensation, which of the following situations will probably NOT occur?

• A) current accounting professors will start looking for new jobs
• B) retiring professors may not be replaced with as many new hires
• C) universities that don't offer market pay for new hires will not have many qualified applicants
• D) universities will begin offering more accounting classes on-line
• E) all of the above are likely outcomes

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Definitions:

Purchase

The act of obtaining goods or services, often in exchange for money, as part of business operations or personal consumption.

Sale

The act of selling goods or services in exchange for money or other compensation.

Polk Common Stock

A fictional example, likely referring to shares of common stock issued by a company named "Polk."

Purchase

The act of buying goods or services, often reflected in the financial transactions of a business.