Which of the Following Is the Most Commonly Used Selection

question 78

Multiple Choice

Which of the following is the most commonly used selection tool?

• A)telephone reference
• B)reference letter
• C)interview
• D)personality test

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Definitions:

Preparation of the Budget

Preparation of the budget involves planning and drafting a detailed financial plan that estimates the income and expenditures for a specific period in the future.

Treasurer

An executive responsible for managing a company's investments, cash flow, financial planning, and related records.

Master Budget

A comprehensive financial planning document that consolidates all of a company's individual budgets relating to sales, cost of goods sold, operations, and capital expenditures into one overarching budget.

Sales Budget

A financial plan that estimates the expected sales revenue for a period, including units sold and revenue expected.