Hank's tractor is collateral for a loan and Hank moves to the next county. In most states, the security instrument must be re-filed in the proper county or it will render the security interest ineffective
a. True
b. False
Indicate whether the statement is true or false
False
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Which internal control procedure is violated when the cashier at the checkout stand also records the daily receipts in the journal?
a. Segregation of duties b. Independent review and appraisal c. Independent verifications d. Proper authorizations
Current liabilities are those obligations that are due within one year or the normal operating cycle of the business, whichever is longer, and will require use of current assets
Indicate whether the statement is true or false
When one does extra or discretionary things to improve the organization and helps coworkers who may be struggling, this is known as ______.
a. managing sideways b. managing up c. managing down d. organizational citizenship
Answer the following statements true (T) or false (F)
1.Preferred provider organizations are health-care plans that provides both health maintenance services and medical care as part of the plan. 2.Health savings accounts allow the employer and employee to fund an account from which the employee can pay medical expenses each year with pretax dollars. 3.A high-deductible health plan is a major medical insurance plan that protects against catastrophic health-care costs and in most cases is paid for by the employer. 4.Modular benefit plans provide the employee with several basic benefits packages from which the employee can select the one that best matches their life and family circumstances. 5.In a core-flex plan, there is a base set of benefits, called the core, that are provided to everyone, and then employees are allowed to choose other options to meet personal needs and desires.