Markus Believes That Due to Changing Technology the Minimum Skill

question 411

Multiple Choice

Markus believes that due to changing technology the minimum skill level that his company is requiring for computer-intensive jobs should be increased to include knowledge and experience in higher-level programming applications. These new requirements would be reflected in _______________ for various jobs at his company.

• A) the job description
• B) the job specification
• C) the human resource inventory
• D) the job application

---

Definitions:

Budgeting

The process of creating a plan to spend your money, creating an estimate of revenues and expenses over a specified period.

Revenue and Spending Variances

The difference between projected and actual figures for income and expenditures, used to manage and adjust financial planning.

Equipment Depreciation

The process of allocating the cost of tangible assets over their useful lives, representing wear and tear on equipment.

Machine-hours

The measurement of the amount of time machines are used in the manufacturing process, rephrased as "The cumulative operational time of machines for production."