In General, the Results of Reference Checks for Job Applicants

question 71

Multiple Choice

In general, the results of reference checks for job applicants will be most valid if employers

• A) contact many references.
• B) rely exclusively on the list provided by applicants.
• C) avoid direct contact with references.
• D) restrict contact with references through e-mails.
• E) receive positive opinions about the applicants from their references.

Explain the structure and benefits of working in a sole proprietorship for paralegals.

Recognize the importance of consistent computer work backup and outline emergency planning steps.

Describe the purpose and use of client trust accounts, including the paralegal's role and repercussions for misuse.

Discuss the importance of careful filing procedures in legal practice and compare procedures in different firm sizes.

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Definitions:

Full Payment

The act of paying the entire amount due on an obligation, such as an invoice or loan, without any outstanding balance.

Promissory Note

A financial instrument involving a written promise by one party to pay another a definite sum of money either on demand or at a specified future date.

Allowance for Doubtful Accounts

A contra-asset account that reduces the total receivables on the balance sheet to reflect only amounts expected to be collected.

Aging of Accounts Receivable

A method to categorize and manage accounts receivable based on how long an invoice has been outstanding, helping businesses identify delays in payments.