A Large Food Services Company Determines That It Needs to Recruit

question 28

Multiple Choice

A large food services company determines that it needs to recruit externally for a comptroller.This job has been identified as a key position within the organization.The need for external recruitment would :

• A)be an indication that the company did not use regression analysis
• B)be a sign that the company will be going out of business
• C)result in the recruitment costs being lower than internal recruiting
• D)be an indication that there was not an effective succession planning
• E)be a result of a highly detailed internal training and development program

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Definitions:

Contract Interest Rate

The pre-determined rate at which interest is calculated on a loan or financial agreement.

Face Value

The original cost of a bond or stock, as indicated on the certificate; it is also known as the nominal or par value.

Above Face Value

A situation where a financial instrument, such as a bond, is traded for more than its original issue price.

Issued Bonds

Debt securities that a company or government has sold to investors to raise capital.