An annual reporting period consisting of any twelve consecutive months is known as Fiscal year.
The government and enterprises utilize a fiscal year (FY), usually referred to as a budget year, as the time frame for accounting to create annual financial accounts and reports. A fiscal year may not end on December 31 and is made up of 12 months or 52 weeks.
Government accounting, which differs between nations, and budgeting employ a fiscal year. Additionally, it is employed by companies and other organizations for financial reporting.
Companies and workplace groups use a fiscal year, which is a 12-month period, to submit, review, and communicate their financial accounts, budgets, and objectives. This period of time need not follow the conventional January to December calendar year pattern. Every company has a unique nature when it comes to generating revenue and succeeding.
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<u>Revenue</u> is the term for the monetary value of all resources that come into the firm from operating activities.
<h3>
What is Revenue?</h3>
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the number of units sold. In order to calculate net income, costs must be deducted from the top-line (or gross income) figure. On the income statement, revenue is also known as sales. A company's revenue is the money generated by its operations. Depending on the chosen accounting method, there are several ways to calculate revenue. Sales made with a credit card will be counted as revenue for goods or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
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The term she should use to describe the process she wants help with is: Personnel selection.
<h3>What is personnel selection?</h3>
Personnel selection can be defined as the process of selecting a person hiring a person or an individual.
Personnel selection can also be defined as the way of selecting an applicant that would occupy a vacant position in a company.
Most companies or organization tend to makes use of Personnel selection when recruiting people into their organization/
Inconclusion the term she should use to describe the process she wants help with is: Personnel selection.
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<span>Typically, the final hiring decision in large organizations is made by the "department supervisor".
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When we talk about the role or part of the department supervisor then it is an unpredictable one. He/She won't simply be somebody who manages work by others. A supervisor is likewise in charge of training, settling issues and filling in as a connection amongst subordinates and upper administration. The perfect candidate is one who will be a capable and ready to guide and prepare workers.
Answer:
may involve a locational mismatch between unemployed workers and job openings
Explanation:
Structural unemployemt refers to unemployment resulting out of structural changes of the economy such as technological changes which change the dynamics of how work is performed.
This represents a mismatch between the kind of skills workers possess and the skills the economy demands and requires.
Such unemployment is also attributable to a situation wherein, in a particular region, jobs are available but the unemployed workers live too far away from such regions. This is referred to as locational mismatch, one of the causes behind structural unemployment.