Michelle Works for a Large Fast-Food Restaurant Chain

question 83

Multiple Choice

Michelle works for a large fast-food restaurant chain. Her job is to visit different restaurants in the chain to rate their speed of service, quality of food, cleanliness of store and restrooms, and properly displayed promotional materials. From this brief description of Michelle's job, it appears that the chain uses _____ criteria in its performance measurements.

• A) input-based
• B) trait-based
• C) results-based
• D) behavioral-based
• E) environmental-based

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Definitions:

Trial Balance

A financial statement that lists all the balances of a company's general ledger accounts at a specific point in time, ensuring that debits equal credits.

Transactions

Actions or activities conducted by a company that affect its financial statements, such as sales, purchases, and payments.

Transposition Error

A specific type of accounting error caused by switching the order of digits in a number, often leading to discrepancies in financial records.

Debit Column

Refers to the section in accounting records where decreases in liabilities, or increases in assets and expenses are logged.