Which of the Following Is a Negative Effect of Economic

question 70

Multiple Choice

Which of the following is a negative effect of economic growth?

• A) higher inflation
• B) higher unemployment
• C) environmental pollution
• D) all of the above

Recognize the benefits of internal over external recruitment.

Comprehend the legal and ethical considerations in human resources management.

Identify the processes and importance of recruitment in forming a qualified pool of applicants.

Understand performance appraisal methods and their importance in human resources management.

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Definitions:

Straight-Line Depreciation

A method of allocating the cost of an asset evenly over its useful life.

Accumulated Depreciation

The total depreciation of an asset up to a single point in its life, showing how much value has been diminished over time.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby resetting the temporary accounts for the next period.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders, often used for reinvestment in the business or to pay debt.