In 2011,about How Many Million Persons Were Employed by Private-Sector

question 31

Multiple Choice

In 2011,about how many million persons were employed by private-sector companies? (Legal and Regulatory Influences on Discretionary Benefits Practices)

• A)90 million
• B)109 million
• C)118 million
• D)125 million

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Definitions:

General Ledger

An exhaustive list of every financial transaction made by a company during its history, categorized by accounts.

Canceled Checks

Checks that have been paid by the bank and voided, serving as proof that payment was made.

Negotiable

Capable of being bought, sold, or transferred to another party through endorsement or delivery.

Journal Entry

A basic record documenting a business transaction in an accounting system, used to transfer information to financial statements.