Personnel Mistakes to Be Avoided While Managing Include All of the Following

question 97

Multiple Choice

Personnel mistakes to be avoided while managing include all of the following EXCEPT ________.

• A) hiring the wrong person for the job
• B) experiencing high turnover
• C) having your company in court due to your discriminatory actions
• D) offering training and development programs

---

Definitions:

Fees Earned

Income earned from providing services or performing work for clients or customers.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances from temporary accounts to permanent accounts, thereby preparing the accounts for the next accounting period.

Journalized

The process of recording financial transactions in a company's journal, detailing the accounts affected by each transaction.

Adjusting Entries

Are journal entries made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred, for the purpose of financial reporting accuracy.