A frame of reference is the lens through which we view the world

An income statement reports

A. revenues, expenses, assets, and liabilities during an accounting period. B. resources, liabilities, and stockholders' equity of a business at a point in time. C. net income of a business at a point in time. D. net income of a business for a period of time. E. sources and uses of cash during a period.

Employers use structured questionnaires, tests, and sophisticated job simulations during interviews because these tools

A) guarantee that every candidate, regardless of position applying for, has been interviewed in the exact same way as every other candidate. B) can be administered during job fairs and other external recruiting events. C) reduce the risk of favoritism. D) can closely mimic actual job skills. E) are less expensive than other hiring practices.