When holding a progressive discipline session, do not:
a. Adopt a personal, familiar tone
b. Allow the employee to state his side of the situation
c. Engage in dialogue with the employee regarding how he intends to correct the behavior for which he is being disciplined
d. Hold the session in private
a
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Human Resources ISs are used extensively for managerial purposes, assisting in organizing quarterly and annual budgets for departments, divisions, and entire corporations.
Answer the following statement true (T) or false (F)
A risk of material misstatement of 100% indicates that material misstatement is highly likely
a. True b. False Indicate whether the statement is true or false
Describe the distinction between a surety and a guarantor.
What will be an ideal response?
Longhorn Corporation reported a loss for both financial reporting purposes and tax reporting purposes of $231,000 in 2014 . For financial reporting purposes, Longhorn reported income before taxes for years 2011-2013 as listed below: 2011 ............................ $ 66,000 2012 ............................ 99,000 2013 ............................ 132,000 Assuming Longhorn's tax rate is 30
percent in all periods, and that the company uses the carryback provisions, what amount should appear in Longhorn's statements for financial reporting purposes as a net loss in 2014? a. $0 b. $69,300 c. $161,700 d. $234,300