A Student in the Nursing Program Has Made Various Statements

question 3

Multiple Choice

A student in the nursing program has made various statements relating to his life situation. Which statements indicate the potential for success? (Select all that apply.)

• A) "I have to hold a full-time job while enrolled in the nursing program."
• B) "I'm an excellent manager of my time."
• C) "My spouse is away so much that I don't have enough help with the children."
• D) "I'm really looking forward to working as a nurse. It has been my goal for years."

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Definitions:

Sales Tax Payable

An account responsible for tracking the sales tax gathered from buyers, due to be paid to the authorities.

Accounts Receivable

Funds that customers owe to a business for goods or services already provided but not yet compensated for.

Sales Tax Payable

A liability account that accumulates the collected sales tax from customers to be remitted to the respective tax authorities.

Asset Account

An asset account is a category in the financial statements that reports the value of a company's assets, such as cash, inventory, property, and equipment.