Which of the Following Statements About the O*NET Is False

question 103

Multiple Choice

Which of the following statements about the O*NET is false?

• A)It captures the "numerous small decisions" that separate the most effective organizations from their competitors.
• B)It is an online database.
• C)It is involved in figuring out the important tasks for a given job.
• D)It includes the characteristics of most jobs in terms of tasks.
• E)It includes the required knowledge, skills, and abilities to perform a task.

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Definitions:

Accumulated Depreciation

The cumulative amount of depreciation expense recorded for an asset from the time it was purchased and deployed for use.

Depreciation Expense

An accounting method for allocating the cost of a tangible asset over its useful life, representing the asset's consumption.

Accrual Accounting

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash transaction occurs.

Expenses Recorded

The process of documenting all the money spent during the operation of a business, used to track financial performance and for tax purposes.