Match the Terms with the Definitions

question 29

Multiple Choice

Match the terms with the definitions.
-The amount that the bank deducts from the face of a note.

• A)term of the note
• B)accrued interest on notes receivable
• C)bank discount (note payable)
• D)bank discount (note receivable)
• E)contingent liability
• F)rate of interest
• G)discounting (note payable)
• H)payee
• I)notes receivable register
• J)non-interest-bearing note
• K)interest-bearing note

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Definitions:

Efficiency

The ability to accomplish a task or a goal with the minimal amount of waste, expense, or unnecessary effort.

Safety Inspection

A thorough examination of a workplace or facility to identify potential hazards and ensure compliance with safety regulations.

Reduced Absenteeism

The decrease in the frequency and duration of employees' absence from work, often resulting from improved workplace conditions, policies, and employee well-being programs.

Workplace Bullying

Repeated, unwanted harmful behavior directed at an individual or a group at work, encompassing harassment, intimidation, and undermining professional performance.