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provide the word to each of these definitions
Quiz by ChristyMistey
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Last updated: August 4, 2022
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First submittedJuly 21, 2022
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The process by which a business ensures that it observes and complies with the external statutory laws and regulations.
Legal Complience
Acceptance by a corporate of it's responsibility to stakeholders for actions and decisions
Corporate Citizenship
A rule that is created, maintained and enforced by an authority
Regulation
A unique name identifying the website in a web address
Domain Name
a pension payment made to workers on retirement; the money comes from employers' contribution made during the working life of the employee
Superannuation
Australia's national workplace relations tribunal. It's role is to assist employers and employees to maintain fair and productive work places.
Fair Work Comission
The relationship between employer and employee with regards to contractual, emotional, physical and practical concerns.
Workplace relations
A written guarantee, issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period of time.
Warranty
To lie or exaggerate about the features or benefits offered by a product being sold
False representation
A contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.
Insurance
Periodic payment made to an insurance company
Premium
An assessment of the level of risk for which insurance cover is sought, conducted by an insurance company
risk assessment
the protection of business against damages or injuries to another person or property
Public Liability Insurance
A written statement of the processes, procedures, rules and regulations
Policy
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Sets of guidelines established by external bodies to regulate the standards of behaviours and conducts within an industry
Codes of practise
Guidelines to regulate standards of behaviour and conduct either within an organisation or within an industry
Code of conduct
Managing financial activities relating to the operation of a business.
Financial management
Maintaining accurate records of all matters related to business activities
Record Keeping
Tracking the cash or money coming into and going out of the business
cash flow
Contractual arrangements undertaken by a business; for example, payment of wages or rent.
Transactions
Information which identifies type of transaction, it's date, parties and financial value
evidence
Documents that provide evidence of transactions
Source Documents
one of the simplest forms of financial record keeping; sets out all the cash transactions of a business including receipts and payments.
Cash Book
When items are purchased and paid for in cash
cash payments
a periodical statement where the bank itemises the transactions relating to an account; for example, debits, credits, government and bank canges
bank statement
the ability of an ecosystem to maintain itself into the future; involves using the early resources at a rate they can be replenished.
Environmental sustainability
The specific regulations that a business uses to guide the process of procuring goods and services that are necessary
Procurement Policy
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