The Need to Mentor and Pass on Your Skills and Knowledge

question 21

Multiple Choice

The need to mentor and pass on your skills and knowledge to others in the workplace, and the satisfaction gained from doing so, are examples of a:

• A) push factor.
• B) pull factor.
• C) external factor.
• D) extrinsic factor.
• E) None of these responses are correct.

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Definitions:

General Ledger

A thorough collection of financial records that documents every financial transaction undertaken by a business.

Adjustments Credit Column

The part of a financial or accounting document where adjustments are made to credits, increasing the value of certain accounts.

Merchandise Inventory

The inventory of products that a retailer plans to sell to customers, accounting for a critical component of its current assets.

Income Summary Account

An account used during the closing process in accounting that summarizes the revenues and expenses of a period to calculate the net income or loss.