If You Have Little or No Work Experience,your Résumé Should

question 53

Multiple Choice

If you have little or no work experience,your résumé should

• A)use the chronological organizational pattern,putting job history first.
• B)show how skills you developed through volunteering or civic groups are transferable to the job.
• C)omit any volunteer work because you were not paid for these activities.
• D)subordinate statements of minor accomplishments that are directly related to the job.

Understand the implications of tax elasticity and the economic burdens of taxes on specific goods and services.

Understand the concept of contract frustration and its legal implications.

Analyze the legal effects of partial payment agreements in contract law.

Explain the discharge or modification of contracts through unilateral actions.

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Definitions:

Double-Entry Bookkeeping

An accounting system in which the recording of each transaction affects two or more accounts and the total of the debits is equal to the total of the credits.

Debiting

The process of recording an entry on the left side of the accounting ledger, which increases asset or expense accounts and decreases liability, equity, or revenue accounts.

Crediting

The process of making an entry on the right side of an account in double-entry bookkeeping, indicating an increase in liabilities, equity, or revenue, or a decrease in an asset or expense.

Salaries Payable

A liability account representing amounts owed to employees for work performed and not yet paid.