Documenting the Reasons for a Hiring Decision Is Necessary to Ensure

question 4

Multiple Choice

Documenting the reasons for a hiring decision is necessary to ensure that:

• A)the supervisor's decision is based on job-related factors and is not discriminatory.
• B)the decision is incorporated into company policy statements.
• C)the practice of nNepotism has been pursued in selecting the candidate.
• D)each and every applicant is informed about the reason for non-selection.

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Definitions:

Par Value

The face value of a bond or stock as stated by the issuing company, which does not necessarily reflect its market value.

Earnings Distributed

Refers to the portion of a company's net income that is paid out to shareholders as dividends.

Accumulated Earnings

The total net income retained in a company for growth, expansion, and/ or reserve purposes, not distributed as dividends.

Financial Statements

Financial statements are formal records of the financial activities and position of a business, person, or other entity, presented in a structured manner.