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BidFaircom Is an Internet Company Where Nurses Who Want to Work

question 14

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BidFair.com is an Internet company where nurses who want to work extra shifts can list their names,credentials,experience,and their salary requirements.Hospitals and assisted living centers can use this site to locate temporary nursing staff.Hospitals pay a small fee each time they hire a nurse from this site.BidFair.com is an example of a(n) :


Definitions:

Current Asset

An asset that is expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of a business.

Accrued Revenues

Revenues that have been earned but not yet received in cash or recorded at the statement date.

Current Liabilities

Short-term financial obligations due within one year, including accounts payable, short-term debt, and other accrued liabilities.

Balance Sheet

A financial statement that presents a company's financial position, including assets, liabilities, and equity, at a specific point in time.

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