Accounting
Recording the debit and credit parts of a transaction?
Double Entry Accounting
A tax on retail products based on a set percentage of retail cost is?
Sales Tax
The market share of a particular company is the portion of the market controlled by a particular company or product (True or False)
True
OSHA stands for
Occupational Safety and Health Administration
One of the 5 steps in risk assessment is to decide what solution to use and implement it. (true or false)
True
A business form ordering a bank to pay cash from a bank account?
A check
A tax that takes a larger percentage of income from high-income groups than from low-income groups is?
Progressive Tax
The process of creating floor plans and displays to attract customers' attention and encourage purchases.
Visual Merchandising
What is the important first step in a first aid procedure involving serious injuries
Call for emergency medical services
A ___________ organized company has a chain of management, usually with a CEO at the top making decisions and then delegating authority to lower-level managers
Vertically
Transferring information from a journal entry to a ledger account?
Posting
Failure to pay or a deliberate underpayment of taxes is called?
Tax evasion
Please select the answer below that does not represent the best way to establish credit as a business
increase marketing and advertising efforts
Which federal law mandates that all public buildings are accessible to people with disabilities
ADA (Americans with Disabilities Act)
When referring to the 5 steps of the risk management process step 1 is
A form on which a brief message is written describing a transaction?
Memorandum
Taxes on income, both earned (salaries, wages, tips, commissions) and unearned (interest, dividends) are called?
Income Tax
A special display usually found near a cash register where goods are purchased
Point-of-purchase display
Safety procedures when participating in online communities include
Never give out personal information, never disclose passwords, never arrange to meet anyone you don't know
A signature or stamp on the back of a check transferring ownership is called?
Endorsement
When cash is paid for rent, Rent Expense is?
Increased by a Debit
Spending and income records and items to keep for tax purposes, including paycheck stubs; statements of interest or dividends earned; and records of gifts, tips, and bonuses are called?
Financial Records
It includes the store sign or logo, marquee, display windows, entrances, outdoor lighting, and the building itself.
Store front
Most workers who have had eye injuries
Do not wear eye protection when they should
3 Options to obtain capital to pay for a business are