Evaluated Receipt Settlement Increases Efficiency by

question 47

Multiple Choice

Evaluated receipt settlement increases efficiency by

• A)eliminating the need for receiving reports.
• B)eliminating the need for vendor invoices.
• C)eliminating the need for purchase orders.
• D)eliminating the need to prepare and mail checks.

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Definitions:

Discouraged Workers

Individuals who are not actively seeking employment because they believe no jobs are available for them or there are no opportunities for which they qualify.

Unemployed

Individuals who are capable of working and are actively seeking employment but are unable to find a job.

Unemployment

The state of being without a paid job despite seeking employment.

Cyclical Unemployment

The type of unemployment that rises during economic recessions and falls when the economy improves, closely related to the business cycle.