The document that serves as the basis for recording direct labor on a job cost sheet is the time card
Indicate whether the statement is true or false
False
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The value of information allows it to often be referred to as a(n) ________ asset.
What will be an ideal response?
Alcan Chemicals hires a new sales manager. He doesn't get along with one of the company's salespeople, Natalie Storey. The two fight and argue constantly
To end the problem, the company transfers Natalie to the position of head shipper in the warehouse. Although this position pays the same salary, Natalie refuses to accept it, quits, and sues for wrongful dismissal. Which of the following is TRUE? A) The company has the right to make management decisions and transferring Natalie was a legitimate exercise of that function. B) The company has constructively dismissed Natalie. C) Personality conflict is not a just cause for dismissal. D) The offer by the company of the alternative position of head shipper is a good defence to Natalie's action. E) Both B and C
If a new company has only two owners, they do not need a shareholder agreement that defines their relative ownership rights and interests.
Answer the following statement true (T) or false (F)
The duties of a trustee are:
A) to carry out the purposes of the trust. B) to act with prudence and care in the administration of the trust. C) to exercise a high degree of loyalty toward the beneficiary. D) All of these.