WorkKeys Workplace Documents Terms

Front

What is a short informal message or record used for internal communication in a business?

Back

Memo

Front

What document is required to be sent to each employee and the IRS at the end of the year, reporting annual wages and taxes withheld?

Back

W2

Front

What term describes the state of keeping secret or not disclosing information?

Back

Confidentiality

Front

What is the term for money or wealth used to generate income or to invest in a business or asset?

Back

Capital

Front

What do you call a boss or manager who gives excessive supervision to employees?

Back

Micromanage

Front

What is the purpose of a business memo?

Back

To communicate information internally within an organization.

Front

What information is typically included in a W2 form?

Back

Annual wages and the amount of taxes withheld from an employee's paycheck.

Front

Why is confidentiality important in a workplace?

Back

To protect sensitive information and maintain trust.

Front

What are some common uses of capital in a business?

Back

Investing in assets, funding operations, and generating income.

Front

What are the potential downsides of micromanagement?

Back

Decreased employee morale, reduced productivity, and lack of trust.