Certain Career Employability Skills in OB Can Be Utilised by a Student

question 29

True/False

Certain career employability skills in OB can be utilised by a student with literally any major.

Describe the process and accounting treatment of notes payable, including issuance and satisfaction of liabilities.

Recognize the role and characteristics of current liabilities in financial statements.

Explain the taxation requirements for employers including payroll taxes and federal income taxes.

Understand the classification and recognition of liabilities on the balance sheet.

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Definitions:

Process Map

A visual representation outlining the sequence of actions or steps taken to complete a particular process or workflow.

BPI Team

Business Process Improvement (BPI) Team focuses on analyzing business processes and workflows with the goal of finding ways to improve them, increase efficiency, and reduce costs.

Dark Fiber

Unused optical fiber cables installed for future use in telecommunications, not currently active but available for lease by service providers or companies.

Basic Fiber

The fundamental, raw filaments used in making textiles or for other industrial purposes.