A Significant Advantage Associated with External Recruiting Is That It

question 79

Multiple Choice

A significant advantage associated with external recruiting is that it

• A)can inspire innovation.
• B)is the most cost-effective method.
• C)simplifies selection decisions.
• D)motivates current employees.
• E)uses the job-posting system.

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Definitions:

Receivables Balance

The total amount of money owed to a company by its customers for goods or services delivered or used but not yet paid for.

Accounts Receivable Turnover

This ratio measures how efficiently a company collects revenue from its customers by dividing total sales by the average accounts receivable during a specific period.

Credit Sales

Sales transactions where the payment is deferred to a future date, essentially extending credit to the purchaser.

Credit Period

The amount of time allowed by a seller for a buyer to pay for goods or services received, typically expressed in days.