Which of the Following Statements Is True Regarding Employment

question 56

Multiple Choice

Which of the following statements is true regarding employment?

• A) Employment rarely causes legal issues.
• B) Employment law is a difficult subject and paralegals are rarely involved.
• C) Employment often causes legal issues.
• D) Employment law is an area that paralegals are not allowed to work in.

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Definitions:

Journal Entries

Records of financial transactions in accounting, which are entered in the chronological order.

Transactions

The activities or dealings that involve the transfer of goods, services, money, or titles between parties, forming the basis of accounting records.

Asset Account

An account that represents a resource owned by a business from which future economic benefits are expected.

Expense Account

An account used to record expenses incurred by a business, which are then used to reduce income on the profit and loss statement.