When United Parcel Service (UPS) Is Looking for Crews to Fly

question 18

Multiple Choice

When United Parcel Service (UPS) is looking for crews to fly its giant 747 cargo aircraft, it wants to hire the very best people to whom to entrust its extremely expensive equipment. Therefore, it looks for

• A) only applicants from internal sources.
• B) only applicants from external sources.
• C) only pilots laid off from passenger carriers.
• D) many more applicants than there are positions to be filled.
• E) a very small number of applicants to reduce the time and costs required to examine the complex credentials of a larger number of applicants.

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Definitions:

Non-Controlling Interest

A ownership in a corporation where the stake is less than a majority of the voting shares, often referring to minority interests in subsidiary companies.

Proportionately Adjusted Balance Sheet

A financial statement that adjusts assets, liabilities, and equity according to a specific factor to reflect a more accurate financial position.

Contractual Agreement

A legally binding agreement between parties that outlines the terms and conditions of their arrangement and obligations.

Equity Method

An accounting technique used by firms to assess the profits earned by their investments in other companies, where the investment is recorded at cost and adjusted according to the investor's share of the investee's profit or loss.