According to Brym and Lie,credential Inflation Is Fueled By

question 20

Multiple Choice

According to Brym and Lie,credential inflation is fueled by:

• A)the increasing technical requirements of many jobs
• B)professionalization
• C)both of these choices
• D)neither of these choices

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Definitions:

Accounts Payable

Liabilities of a business that represent its obligations to pay off a short-term debt to its creditors or suppliers.

Inventory

The overall quantity of products and resources that a business possesses, which are either for sale or to be utilized in manufacturing.

Perpetual Inventory

A continuous tracking system for inventory that records the sale or purchase of inventory in real-time through the use of computerized systems.

Accounts Payable

Debts of a company reflecting the money owed to lenders or suppliers for products and services acquired on credit.