__________________ Refers to a Method of Directing,instructing and Training a Person

question 4

Short Answer

__________________ refers to a method of directing,instructing and training a person with the goal of developing specific management skills,whereas ___________ occurs when an experienced employee guides and supports less expense employees in an organisation.

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Definitions:

Journal Entry

A record in the books of accounts that documents a financial transaction, showing the accounts and amounts debited and credited.

Prepaid Insurance

An asset account that represents payments made in advance for insurance coverage, which has not yet expired.

Normal Balances

The typical sides (debit or credit) where increases to accounts are recorded in double-entry bookkeeping.

Debit Balance

A debit balance is the remaining amount in a financial account that occurs when total debits exceed total credits.