Match the Accounting Terms with the Description by Entering the Proper

question 11

Essay

Match the accounting terms with the description by entering the proper letter in the space provided. ___ 1.A check paid by the bank on which it was drawn
___ 2.The process by which employees are investigated by an insurance company that will insure the business against losses through employee theft or mishandling of funds
___ 3.A special journal used to record and post transactions involving the receipt of cash
___ 4.A check dated sometime in the future
___ 5.A form sent to a firm's customers showing transactions during the month and the balance owed
___ 6.A form used to record transactions involving petty cash
___ 7.A written authorization that transfers ownership of a check
___ 8.A special journal used to record transactions involving the payment of cash
___ 9.A written promise to pay a specified amount of money on a specific date
___ 10.A verification that the amount of currency and coins in a cash register agrees with the amount shown on the cash register audit tape
___ 11.The person or firm issuing a check
___ 12.A form used to record the payments made from a petty cash fund
___ 13.An account used to record any discrepancies between the amount of currency and coins in the cash register and the amount shown on the audit tape
___ 14.The person or firm to whom a check is payable
___ 15.A written order signed by an authorized person instructing a bank to pay a specific sum of money to a designated person or business

Recognize the importance of prompt remedial action by employers in response to allegations of harassment.

Understand the eligibility criteria for FMLA leave.

Recognize the rights and responsibilities of employees under FMLA.

Identify the types of leave covered by FMLA.

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Definitions:

Contribution Format

A way of presenting income statements where costs are separated into variable and fixed, and contribution margin is highlighted.

Common Fixed Expenses

Costs that do not vary with the level of production or sales and are shared among different segments of a business.

Variable Expenses

Expenses that change in proportion to the amount of goods produced or the volume of sales, including labor and materials.

Sales Territories

geographical or demographic areas assigned to sales representatives or teams to manage and cultivate customer relationships and sales activities.