Firms Must Compete for Top Talent

question 67

Multiple Choice

Firms must compete for top talent.In attracting and selecting employees,firms must strive to select the best fit for both the employee and the firm.In an attempt to reduce wasted time and effort in interviewing too many candidates while assuring a good candidate pool,a firm should

• A) run employment ads in the newspaper.
• B) only let lower-level employees interview job candidates.
• C) use a pre-interview quiz.
• D) refrain from hiring by referrals from present employees.

---

Definitions:

Carrying Value

The book value of an asset or liability on a company's balance sheet, calculated as the original cost minus any depreciation, amortization, or impairment costs.

Interest Paid

The amount of money paid over a period for the use of borrowed funds.

Partial Amortization Schedule

A table detailing periodic loan payments that are not sufficient to fully amortize the loan over its term, leading to a remaining lump sum payment or balloon payment at the end.

Straight-Line Amortization

Straight-line amortization is a method of evenly spreading out the cost of an intangible asset over its useful life.