The First Step in Using Time Effectively Is To

question 29

Multiple Choice

The first step in using time effectively is to:

• A)determine the priority of each activity to be performed.
• B)estimate time needed to complete each activity.
• C)list the activities that need to be performed.
• D)develop a time schedule for performing activities.
• E)spend more time on low-priority activities.

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Definitions:

Account Receivable

Amounts owed to a company by customers for goods or services that have been delivered or used but not yet paid for.

Reportable Segments

These are operational segments of a business that have distinct financial data available, and whose results are regularly reviewed by the entity’s chief operating decision maker.

Profits Test

A criterion used to evaluate the profitability of a business or investment, often assessing whether revenues exceed costs or expenses to determine financial viability.

Assets Test

A financial measure used to determine eligibility for certain government benefits based on the value of one's assets.