Bud Lewis Is a Toolmaker for Precision, Inc

question 95

Multiple Choice

Bud Lewis is a toolmaker for Precision, Inc. He started as a toolmaker when he was 18 and has worked as a toolmaker and at Precision, Inc. for the past 22 years. Bud enjoys his work and is skilled at it. This type of career is known as a(n) ________.

• A) steady-state career
• B) linear career
• C) spiral career
• D) transitory career

---

Definitions:

Nonsufficient Funds Checks

Nonsufficient funds checks are checks that cannot be processed because the check writer's account does not have enough money to cover the amount.

Bank Reconciliation

The process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.

Outstanding Checks

Checks that have been written and recorded in the payer's accounting system but have not yet been cleared or cashed by the recipient.