Tom Clancy Is Experiencing Difficulty in Recruiting Competent Technicians for His

question 80

Multiple Choice

Tom Clancy is experiencing difficulty in recruiting competent technicians for his business. One way to increase the attractiveness of his small business is by using

• A) flexible work schedules.
• B) job descriptions.
• C) performance testing.
• D) private employment agencies.

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Definitions:

Owner's Equity

The amount of assets in a company that belongs to the owners after deducting liabilities; also known as shareholders' equity.

Capital Account

An account on the balance sheet that represents the equity or ownership interest of owners in the business.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's bookkeeping system is mathematically correct.

Balance Sheet

A financial record that outlines the value of a company's assets, its liabilities, and the equity belonging to investors, at a particular time.