+
Related Flashcards
Related Topics
Cards In This Set
| Front | Back |
|
Commodities and services that have been purchased for consumption but are unconsumed at the end of the accounting period are called:
|
Prepaid expenses
|
|
The current ratio is calculated by dividing the current:
|
Assets by liabilities
|
|
The primary reason bank statements should be reconciled as soon as they are received is that:
|
Neither the bank statement nor the facility ledger account may show the exact cash balance.
|
|
Accrual refers to
|
An accounting system
|
|
Accelerated depreciation schedules compared to straight line depreciation schedules:
|
Depreciate higher percentages of the cost of the item during the first year
|
|
Why should the administrator secure information on budget needs from each department head?
|
It provides more cooperation in the use of a budget if supervisors help determine the amounts designated in the budget.
|
|
The primary reason for investigating an accident is to
|
Prevent the recurrance of the incident
|
|
In any designated unit, the minimum percentage of employees who are required to sign cards calling for a union election is:
|
30 percent
|
|
Fringe benefits are usually outlined in the
|
Personnel policies.
|
|
The Fair Labor Standard's Act requires:
|
Overtime pay
|
|
When an employee makes an error, he or she should be corrected:
|
Immediately and in private.
|
|
One of the barriers to succesful communication is the fact that the average speaker uses about 180 words per minute, and the receiver thinks at approximately
|
30 words per minute.
|
|
The best source of new employees is usually through
|
Referrals from current employees
|
|
The primary purpose of a job description for each employee is to
|
Outline the functions of each job.
|
|
According to OSHA, a facility must have a Hazard Communication Program (HCP), the purpose of which is to:
|
Evaluate the hazards of chemicals.
|
