Which of the Following Statements Is True About Referrals

question 99

Multiple Choice

Which of the following statements is true about referrals?

• A) Referrals fall under the category of internal sources of recruitment.
• B) The use of referrals tends to increase the likelihood of exposing an organization to different viewpoints.
• C) The use of referrals can contribute to nepotism.
• D) Referrals cost much more than other formal recruiting efforts.
• E) Referrals are the least preferred sources of new hires.

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses, leading to the net profit or loss over a specific period.

Acid-test Ratio

A stringent indicator that determines whether a firm has enough short-term assets to cover its immediate liabilities without selling inventory.

Current Ratio

A financial ratio indicating a firm's capacity to settle short-term debts due within a year, determined by dividing its current assets by its current liabilities.

Marketable Securities

Financial instruments and assets that are easily liquidable and can be converted into cash quickly at a reasonable price.