The Process by Which Newcomers Are Transformed from Outsiders to Participating

question 51

Multiple Choice

The process by which newcomers are transformed from outsiders to participating, effective members of an organization refers to:

• A) recruitment.
• B) probation.
• C) organizational socialization.
• D) organizational revitalization.

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Definitions:

Depreciation Expense

The cost allocated to reflect the reduction in value of a tangible asset over its useful life, as part of the wear and tear or obsolescence.

Depreciation

A method of allocating the cost of a physical or tangible asset over its expected usable life to account for decreases in value over time.

Residual Value

The estimated value that an asset will realize upon its sale at the end of its useful life.

Asset Cost

The total amount incurred to acquire an asset, including purchase price and all expenditures necessary to bring the asset to its intended use.