Examlex
Under OSHA's general duty use clause, employers are required to conduct background investigations and drug tests on each employee to ensure workplace safety.
Accounts
Records that summarize all the transactions related to a specific financial aspect, such as assets, liabilities, equity, expenses, and income.
Basic Accounting Equation
Assets = Liabilities + Owner’s equity.
Assets
Economic resources owned or controlled by an individual, company, or entity, expected to provide future benefits.
Liabilities
Financial obligations or debts owed by a business to external parties or creditors.
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