Frances Begins Her Career Working in the Human Resources Department

question 71

Multiple Choice

Frances begins her career working in the human resources department of a major corporation. She is asked to help ensure the organization is following the federal guidelines for employment.
-In testing for the executive position, Frances has a candidate fill out a typical sample budget for the department he would be working in.This is an example of a(n) ________ test.

• A)written
• B)performance-simulation
• C)intelligence
• D)written interview

---

Definitions:

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders, which is reinvested in the business.

Annual Revenues

The total amount of money received by a company for goods sold or services provided during a fiscal year.

Net Income

The concluding profit figure for a company, arrived at by deducting every type of expense and tax from its complete revenue.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense since it was put into use, reflecting usage or wear and tear.