Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

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Multiple Choice

Which of the following is an example of an external recruitment source?

Promotions within the organization

Online job postings on public job boards

Employee referrals from current staff

Transfers between departments

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Verified step by step guidance

Understand the concept of external recruitment sources: External recruitment refers to the process of seeking candidates from outside the organization to fill job vacancies. This contrasts with internal recruitment, which involves promoting or transferring existing employees within the organization.

Analyze the options provided: Review each option to determine whether it represents an internal or external recruitment source.

Option 1: 'Promotions within the organization' - This is an internal recruitment source because it involves advancing current employees to higher positions within the organization.

Option 3: 'Employee referrals from current staff' - While referrals may involve external candidates, the process is initiated internally by current employees, making it a hybrid but not purely external.

Option 4: 'Transfers between departments' - This is an internal recruitment source because it involves moving existing employees between departments within the organization. Therefore, the correct example of an external recruitment source is 'Online job postings on public job boards,' as it targets candidates outside the organization.