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DECA 106-120
| Question | Answer |
|---|---|
| Conversion | personal property is taken from the owner and given to someone else to use |
| Limited Liability | their losses are limited to the amount of money that they have invested in the business |
| Unlimited Liability | business owners are personally liable for debts incurred by the business |
| Chronological Résumé | lists an applicant's education and experience in order according to date, beginning with the most recent |
| Functional Résumé | emphasizes major accomplishments according to importance rather than date |
| Generalized Résumé | broad, general information rather than specific information |
| Targeted Résumé | provide specific information about the applicant's qualifications |
| Entrepreneurs | individuals who expand their businesses in the form of products, personnel, and target markets |
| Extension | total cost of each quantity of products the buyer is purchasing |
| Amount Due | all extended prices, tax, and delivery charges |
| Pilferage | theft of small sums of money or inexpensive items |
| Lending Investment | lender allows a borrower to use his/her money during a period of time for a specified fee or rate of interest |
| Work Team | group of employees which is responsible for carrying out an entire work process |
| Quality Circle | problem-solving group |
| Project Team | team of employees from different parts of the company who are assigned to work together on a specific project |