Which of the following is NOT considered part of the background information component of the employee selection process?

A) reference checks
B) resumes
C) credit checks
D) drug tests
E) criminal history

Answer: D
Explanation: D) Drug tests are not part of the standard background information procedure, which commonly precedes the interview process. A drug test is part of the larger employment testing regimen.

Business

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Which of the following liabilities is created when a company receives cash for services to be provided in the future?

A) Unearned Revenue B) Accrued Liability C) Accounts Payable D) Estimated Warranty Payable

Business

On October 1, 2017, Parkin, Inc. made a loan to one of its customers. The customer signed a 9-month note for $150,000 at 14%. Calculate the maturity value of the note. (Round your answer to the nearest dollar.)

A) $165,750 B) $171,000 C) $129,000 D) $134,250

Business