Which of the following is a difference between a formal interview and an informal interview?
A) Most formal interviews progresses from open-ended questions to structured questions, whereas most informal interviews rely on the spontaneous generation of questions in the natural flow of an interaction.
B) Formal interviews are systematic in nature, whereas informal interviews are more structured in nature.
C) Formal interviews are generally conducted in the beginning of an engagement, whereas informal interviews are generally conducted at a much later stage.
D) Formal interviews have a blend of open-ended and structured questions, whereas informal interviews are not controlled by a specific set of detailed questions.
D
Explanation: D) A formal interview is systematic in nature, with a blend of open-ended and structured questions. An informal interview is unsystematic in nature in that it is not controlled by a specific set of detailed questions.
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What are the foundation stones from which economic models are built?
a. assumptions b. economic policies c. statistical forecasts d. legal systems
Given the following information, determine the cost of goods sold
Direct Labor Incurred $62,000 Manufacturing Overhead Incurred 175,000 Direct Materials Used 150,000 Finished Goods Inventory, Jan. 1 198,000 Finished Goods Inventory, Dec. 31 98,500 Work-in-Process Inventory, Jan. 1 221,000 Work-in-Process Inventory, Dec. 31 108,000 A) $500,000 B) $608,000 C) $401,500 D) $296,500