Which of the Following Focuses on the Qualifications a Person

question 3

Multiple Choice

Which of the following focuses on the qualifications a person must possess to perform a given job successfully?

• A) job analysis
• B) job description
• C) job specification
• D) job identification
• E) job appraisal

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Definitions:

Unamortized Patent

The portion of a patent's cost that has not yet been expensed in the income statement over its useful life.

Amortization Expense

The systematic allocation of the cost of an intangible asset over its useful life.

Fair Value

The proceeds from liquidating an asset or the fees involved in transferring a liability during a regular transaction with engaged market members on the bookkeeping date.

Undervalued Patent

A patent that is recognized at a market value lower than its potential earning power or its replacement cost.