A/An_____________________ Is a Characteristic That a Person Must Possess to Successfully

question 22

Multiple Choice

A/An_____________________ is a characteristic that a person must possess to successfully perform work.

• A)validator
• B)essential element
• C)selection criterion
• D)predictor

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Definitions:

Advance Rent

Prepaid rent, which is an amount paid prior to the period to which it relates, often accounted for as a current asset until the period to which the rent applies.

Utility Bill

A bill sent by a utility company (electricity, gas, water, etc.) charging the customer for their usage of the service.

Insurance Salesman

A professional who specializes in selling insurance policies to individuals and businesses, advising on coverage options and terms.

Adjusting Entries

Journal entries made in accounting to update the records for accruals, deferrals, and estimates.