An Employer May Have a Right to Terminate a Person

question 9

True/False

An employer may have a right to terminate a person based on his or her violation of the employer's social media policy.

Identify and classify assets as current or long-term within a classified balance sheet.

Recognize and categorize different types of liabilities on a classified balance sheet.

Calculate and interpret the current ratio and its implications for a business’s short-term financial health.

Understand the accounting cycle and the steps involved from journalizing transactions to preparing post-closing trial balance.

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Definitions:

Graphical User Interface

A visual way of interacting with a computer using items like windows, icons, and menus, intended to make software easier to use.

Operating System

A software that manages the hardware and software resources of a computer and provides common services for computer programs.

File Storage

A system for saving data in a computer or on the internet, so that it can be used in the future.

ROM

Read-Only Memory, a type of storage medium that is used to store firmwares that are seldom changed during the life of the system.