Match Each Term with Its Definition

question 64

Multiple Choice

Match each term with its definition.
-Form of defamation of character

• A)libel
• B)defensive medicine
• C)Good Samaritan Act
• D)living will
• E)OSHA
• F)HIPAA Privacy Rule
• G)durable power of attorney
• H)capacity
• I)FDA
• J)DEA

Comprehend the concept of productivity and its relationship to efficiency and effectiveness.

Explain the importance of social networking for career advancement and job searches.

Understand the role of non-profit and business organizations in adding value and their impact on society.

Assess individual performance based on the quantity and quality of output relative to input.

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Definitions:

Unearned Revenue

Money received by an entity for goods or services to be provided in the future, recognized as a liability until the service is performed.

Net Income

The amount of money a company makes once it has paid off all expenses and taxes from its revenue.

Ending Inventory

At the close of an accounting cycle, the valuation of products set for sale, computed by taking the initial inventory, adding the acquisitions, and deducting the cost of goods sold.

Reported Net Income

The final profit figure stated in a company's financial statements, as reported to shareholders and used for earnings per share calculations.