The Best Type of Reference Check Usually Is

question 85

Multiple Choice

The best type of reference check usually is:

• A)Personal telephone call to former employer.
• B)Letter specifically addressed to former employer.
• C)Use of outside agency like a retail credit bureau.
• D)"To whom it may concern" type of recommendation letter carried by the applicant.
• E)Have the applicant ask the reference to write to the prospective employer.

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Definitions:

Fully Depreciated

An asset's book value is reduced to zero, through depreciation, over its useful life, reflecting that it has no remaining unallocated cost.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was acquired, reducing its book value.

Remaining Useful Life

The estimated time period that an asset is expected to be functional and economically viable.

Gain on Disposal

The financial profit made from selling or disposing of a fixed asset for more than its book value.