In a condition where Nolen is a key team member of a successful small business, and his colleagues appreciate Nolen meeting his deadlines, he is said to be displaying the characteristics of task completion.
<h3>What is the significance of task completion?</h3>
Task completion can be referred to or considered as the process of accomplishment of the goals of achieving a task or work assigned to an individual or a group.
In the above condition, Nolen is given the task of meeting the deadlines of the business functions, and when he is successful in doing so, it can be said as a process of task completion.
Therefore, the significance of task completion has been aforementioned.
Learn more about task completion here:
brainly.com/question/22068326
#SPJ1
Answer:
Option B
Explanation:
A bank makes profit when it gets more returns on the loan given as compared to the interest given on the deposited money.
Hence, option B is correct. In case A and C liability is greater than asset and hence this situation does not signify a profitable situation.
Also, option D is just the opposite of option B (profitable situation).
Answer:
Trading account
Explanation:
Preparing a trading account is the first process when drawing the financial statements of a business. The trading account is prepared using data from a firm's core trading activities. It shows profitability as a result of buying and selling or manufacturing and selling activities of a business.
The trading account shows the net revenues from the selling goods and services. It also shows the cost incurred in manufacturing or acquiring the goods meant for sale( cost of goods sold). Gross profits or gross sale is obtained by deducting the cost of goods sold from the revenues. Gross profit is when revenue exceeds the cost of goods sold. Gross loss is when the costs of goods sold are more.
