Sales Recruits Are Often First Screened on the Basis of a Review

question 20

True/False

Sales recruits are often first screened on the basis of a review of a resume or a job application.

Identification and categorization of activities (operating, investing, and financing) in the statement of cash flows.

Calculation of cash flows from operating activities using both the direct and indirect methods.

Analysis of the effects of changes in working capital accounts (like Prepaid Expenses, Salaries Payable, Accounts Receivable, Inventories, Accounts Payable) on cash flows.

Understanding the cash flow impacts of buying and selling assets, including the disposal of plant, property, and equipment.

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Definitions:

Planning Agenda

A detailed list or schedule of items to be discussed or acted upon during a meeting or event.

Formal Meetings

Meetings run under strict rules, like the rules of parliamentary procedure summarized in Robert’s Rules of Order.

Informal Meetings

Loosely run meetings in which votes are not taken on every point.

Conflict Resolution

Strategies for getting at the real issue, keeping discussion open, and minimizing hurt feelings so that people can find a solution that seems good to everyone involved.