Components of a Background Check May Include

question 7

Multiple Choice

Components of a background check may include:

• A) criminal records
• B) character references
• C) drug tests
• D) all of the above
• E) both a and c

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Definitions:

Carrying Amount

The value of an asset as shown in the business’s accounts, reflecting its cost minus any depreciation or impairment charges.

Gain or Loss

The financial result that occurs when the selling price of an asset differs from its book value.

Interest Receivable

The amount of interest that has been earned but not yet received by the lender.