Which of the Below Represents an Example of Why an Employer

question 68

Multiple Choice

Which of the below represents an example of why an employer would use social media?

• A) To find potential job candidates via LinkedIn.
• B) To review potential job candidates by viewing their Facebook page.
• C) To attract new job candidates via YouTube.
• D) All of these.

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Definitions:

Impairment Loss

A reduction in the recoverable value of a fixed asset or goodwill below its book value, leading to a write-down and charge against earnings.

Cost Method

An accounting method where investments are recorded at their acquisition cost without subsequent change except for impairment.

Fair Value

The price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Goodwill Impairment

A charge that companies record when the book value of goodwill on their balance sheets exceeds its fair market value, indicating that the asset has lost value.