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Indicate Which of These Items Is an Asset (A), Liability

question 148

Short Answer

Indicate which of these items is an asset (A), liability (L) or equity (E) account
______(1) Supplies
______ (2) Dividends
______ (3) Buildings
______ (4) Note Payable
______(5) Taxes Payable


Definitions:

Semiskilled

Pertaining to workers or jobs that require some training or skills but less than that required for skilled labor.

Craft Union

A labor union composed of workers in the same trade or craft, dedicated to promoting the interests and welfare of its members.

Employer-Employee Power Imbalance

A situation in the workplace where the employer holds significantly more power or control over the employee, potentially leading to exploitation or unfair treatment.

Workplace Conflict

A situation where disagreements or competition occur between employees or between employees and management within a workplace setting.

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