The Termination Interview

question 82

Multiple Choice

The termination interview

• A)is usually easier than a selection interview since both participants know each other.
• B)should be conducted by the immediate superior.
• C)should be conducted away from company premises for security purposes.
• D)need not be in writing in order to avoid a lawsuit.
• E)should allow time for a lengthy question and answer session.

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Definitions:

Variable Expenses

Costs that change in proportion to business activity or production volume, such as materials costs, direct labor, and utilities for machinery.

Minimum Required Rate Of Return

The lowest acceptable return on an investment, used as a benchmark for evaluating potential investments.

Average Operating Assets

This refers to the average value of the assets used in operations over a certain period, which can indicate the efficiency of asset use in generating income.

Sales

The revenue generated from the selling of goods or services by a company or an enterprise to its customers.