The Credit Check Is One of the Most Commonly Used

question 15

True/False

The credit check is one of the most commonly used background checks in selection.

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Definitions:

Supplies Expense

An accounting term denoting the cost of consumable items used during a reporting period but not directly associated with goods sold.

Adjusting Entry

A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the appropriate years.

Telephone Bill

A periodic charge for the use of telephone services, often including the cost of calls, subscription fees, and taxes.

Accounts Payable

Money owed by a company to its creditors or suppliers for goods and services received but not yet paid for.