Which of the Following Is Not an Approach Widely Used

question 41

Multiple Choice

Which of the following is not an approach widely used to express the cost of employee benefits and services?

• A) National salary index
• B) Cents per hour
• C) Percentage of payroll
• D) Cost per employee per year

Prepare an owner’s equity statement.

Calculate net income or loss by analyzing changes in owner's equity.

Understand and apply accounting terminology relevant to sole proprietorships.

Identify and explain the major fields and career opportunities in accounting.

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Definitions:

Access Report

A feature in Microsoft Access that allows users to create a formatted printout or summary of the data from various queries or tables.

Fields

In databases and forms, specific areas designated for the input or display of particular pieces of data.

Tables

Data structures composed of rows and columns used to organize, manage, and store information in a database or spreadsheet.

Queries

Instructions or expressions in databases and search engines used to extract specific information from a set of data.