A Person with a Technical/functional Competence Anchor Is Likely to Be

question 69

Multiple Choice

A person with a technical/functional competence anchor is likely to be most efficient working:​

• A)​as a machine operator.
• B)​as an accountant.
• C)​as a freelance photographer.
• D)​as an assembly line worker.

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Definitions:

Financial Statement

A formal record of the financial activities and position of a business, person, or other entity over a period of time.

Permanent/Temporary

Categories of accounts in accounting where permanent accounts appear on the balance sheet and temporary accounts are closed at year's end, affecting income summary.

Normal Balance

The side (debit or credit) of an account that is increased, indicating the typical balance of that account in accordance with the double-entry bookkeeping system.

Financial Statement

Summarized reports that convey the financial status, performance, and cash flows of a business or individual over a specific period.