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The Vice President of HR for a Large Magazine Publisher

question 78

Multiple Choice

The vice president of HR for a large magazine publisher is creating an internship program for students in university degree programs in journalism and communication. Which of the following elements does he NOT need to include in the program?

Recognize the conditions that preclude a lessor from classifying a lease as a sales-type or direct financing lease.
Understand the reporting requirements for Unearned Interest in leases and the rationale behind capital lease accounting.
Understand the components and calculations involved in determining pension expense under GAAP.
Differentiate between defined benefit and defined contribution pension plans including their characteristics and accounting treatment.

Definitions:

Locus of Control

A psychological concept that refers to how strongly people believe they have control over the situations and experiences that affect their lives.

Performance Standards

Established expectations or benchmarks used to measure and evaluate the quality of work, performance, or outcomes.

Self-Efficacy Standards

Beliefs an individual holds regarding their own ability to successfully perform and achieve tasks.

Conditions of Worth

Standards imposed by others that one feels they must meet to be valued and loved, a concept in Carl Rogers' person-centered therapy.

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