Why is it important that a paralegal have a basic understanding of accounting principles?
What will be an ideal response?
A good answer will include a recognition that a paralegal may be asked to maintain accounting records in a firm for general checking accounts, payroll accounts, and trust accounts. Paralegals also are used to assist with billing, disbursements, and retainers. It is imperative that paralegals have a basic understanding of accounting rules.
Business
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For a growing number of customers, short-term savings that result from low prices are more important than long-term value
Indicate whether the statement is true or false
Business
Debt financing includes
a. bank loans. b. loans from the Small Business Administration. c. loans from finance companies. d. all of the above.
Business