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Which of the following ensures that job incumbents have appropriate aptitudes to perform the job?
Adjusting Entries
Accounting record entries created at the conclusion of an accounting cycle to assign revenues and expenses to the time they truly took place.
Reversing Entries
At the start of a new accounting period, entries are recorded to negate or undo the adjustments that were made at the conclusion of the prior period.
Salaries Expense
The total amount paid to employees for services rendered during a specific period, recorded as an expense on the income statement.
Accounts Payable
Money owed by a company to its suppliers or vendors for goods and services purchased on credit.
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