How Can the Note-Taking Skills You Developed When You Were

question 6

Multiple Choice

How can the note-taking skills you developed when you were in school help you when you are starting a new job?

• A) You can create a written record of important information to learn and review.
• B) You can show your supervisor you are interested in learning.
• C) You can demonstrate your organizational skills.
• D) It can prevent you from having to read manuals and handouts to find information.

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Definitions:

Accrued Expenses

Expenses that have been incurred but not yet paid, recognized on the books before they are paid for.

Accrued Revenues

Revenues earned during a specific accounting period but not yet received in cash or recorded in the books.

Adjusting Entries

Journal entries made in an accounting period to allocate revenues and expenses to the periods in which they actually occurred.

Accounting Adjustments

Entries made in the accounts to correct transactions, record unrecorded items, or bring accounts up to date at period end.