Jim Is a District Manager of Wendy's in West Michigan

question 39

Multiple Choice

Jim is a district manager of Wendy's in west Michigan. When he hires people, the most important thing he looks for is whether people are good problem solvers.

• A) Jim is using the trait approach.
• B) Jim is using Katz's skills approach.
• C) Jim is using the Mumford Skills model.
• D) Jim is using the style approach.
• E) Jim is using work experience.

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Definitions:

Special Journal

A type of accounting journal that is used for recording and categorizing a specific type of transaction which occurs frequently.

General Journal

A primary accounting record used to record all types of transactions except for those related to specific tasks, such as sales or purchases, which have their own journals.

General Ledger Control Account

A General Ledger Control Account is a summary account that consolidates the total balances of all accounts in a subsidiary ledger, used to maintain integrity in financial reporting.

Subsidiary Ledger

A detailed ledger that contains the individual accounts with a common characteristic, supporting entries recorded in a general ledger.