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Questions in business

[Answered] What percentage of job openings are published? A. 10%-15% B. 15%-20% C. 30%-35% D. 35%-40%

[Answered] Name two ways of identifying communication needs.

[Answered] Which of these is required by an interviewee before an interview? A. Researching into the company B. Researching into the industry C. All of the above D. Preparing for any anticipated question

[Answered] Choose the appropriate answer from the given alternatives. 1. What is the primary objective of IFRS? a) Increase complexity in financial reporting b) Enhance transparency, comparability, and consistency c) Provide guidelines for national GAAP d) Apply only to publicly traded companies 2. Which method of accounting for inventory costs is permitted under both GAAP and IFRS? a) LIFO b) FIFO c) Weighted Average d) Specific Identification 3. What is the primary focus of IFRS principles in comparison to GAAP? a) Strict adherence to rules b) Substance of the transaction c) Industry-specific guidance d) Conservative accounting practices 4. What is the primary purpose of preparing for the first-time adoption of IFRS? a) Introduce new accounting principles b) Align with local regulatory requirements c) Evaluate the impact on financial statements d) Increase disclosure requirements 5. Which IFRS principle emphasizes caution when there is uncertainty about the realization or measurement of assets or income? a) Fair Presentation b) Prudence c) Going Concern d) Substance over Form 6. What is the basis for recording transactions and events in financial statements under the accrual basis principle? a) When the cash is received or paid b) When they occur c) Only at the end of the financial year d) As per the legal form of the transaction 7. Which of the following is a key characteristic of IFRS for SMEs?

[Answered] The following are characteristics of effective communication except one. Which one? A. Concise B. Coherence C. Clear D. Shallow

[Answered] A career in farming might be found in: A. Manufacturing. B. Agriculture, Food, and Natural Resources. C. Health Science. D. Education and Training.

[Answered] Briefly explain the principles of co-operatives. (10 Marks)

[Answered] What are the four steps you can take if you are at risk of becoming unemployed? Explain each answer.

[Answered] According to the National Association of Colleges and Employers' survey, what pattern emerged regarding new graduates' workplace readiness? A. Graduates overestimate their technical abilities but underestimate their expertise within their field. B. Graduates accurately assess their technical skills but underestimate their professionalism. C. Graduates overestimate their professionalism, communication, and critical thinking skills. D. Graduates underestimate their communication abilities while employers rate them more highly.

[Answered] Why is it advisable to remove seasonality from data in time-series analysis? A. Seasonality makes the data more interesting. B. Seasonality can lead to recurring patterns that may not be well-explained by other factors in the model. C. Seasonality helps in creating normalized values. D. Seasonality ensures the model fits well.