Use the Following to Answer Questions

question 58

Multiple Choice

Use the following to answer questions:
Figure: Wage Subsidy
-(Figure: Wage Subsidy) Refer to the figure. How many additional workers have been hired as a result of the wage subsidy?

• A) 150
• B) 180
• C) 30
• D) No additional workers have been hired as a result of the wage subsidy.

---

Definitions:

Fiscal Year

A one-year period used for financial reporting and budgeting, not necessarily aligning with the calendar year.

Ledger

A book or collection of accounts in which transactions are recorded, showing the changes in each account over a period of time.

Inventory

The complete list of goods and materials that a business holds, either for sale or as part of its supply chain.

Accounting Equation

The fundamental principle of accounting represented as Assets = Liabilities + Shareholder's Equity, ensuring that a company's balance sheet is balanced.