Consider the Following Short Case as You Respond to the Question

question 3

Multiple Choice

Consider the following short case as you respond to the question: When the CEO of NTL Corporation resigned, the board of directors hired a recruitment firm to look for a replacement.The recruitment firm prepared several job announcements, then presented them to the board of directors.The board of directors approved one of the job announcements; the recruitment firm used it to advertise the position on the Internet and in relevant newspapers and professional publications.After receiving several applications, the recruitment firm selected a pool of ten to pass on to NTL's board of directors.The board of directors, with the assistance of the recruitment firm, went through three rounds of interviews, narrowing the pool from ten to three.Each of the three finalists prepared a presentation on the strategic future of NTL and delivered the presentation at a meeting of NTL shareholders.The board of directors then made the final choice for a new CEO.A Level Zero data flow diagram of the case would include circles labeled with all of the following except:

• A)Applicant database.
• B)Hire recruitment firm.
• C)Interview applicants.
• D)All of these would be labels for circles in the DFD.

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Definitions:

AASB 16

An accounting standard issued by the Australian Accounting Standards Board specifying the principles for recognition, measurement, presentation, and disclosure of leases.

IFRS 16

The International Financial Reporting Standard issued by the IASB which specifies how an IFRS reporter will recognize, measure, present, and disclose leases.

AASB 16

An accounting standard issued by the Australian Accounting Standards Board that specifies the principles for the recognition, measurement, presentation, and disclosure of leases.

IFRS 16

International Financial Reporting Standard that specifies how leases are recognized, measured, presented, and disclosed in financial statements.