One commercial crime policy condition is "termination as to any employee." This condition terminates crime coverage
A) on any employee once he or she is no longer employed by the company.
B) on any employee once it is learned that he or she has committed a theft or dishonest act.
C) on any employee who does not wish to be covered under the policy.
D) on a selected category of employees (e.g. cashiers or clerical employees).
Answer: B
You might also like to view...
Yankton Company began the year without an investment portfolio. During the year, they purchased investments classified as trading securities at a cost of $13,000 . At the end of the year, the market value of the securities was $11,000 . The Yankton Company's financial statements for the current year should show
a. a loss of $2,000 on the income statement and net trading securities of $13,000 on the balance sheet b. no loss on the income statement and net trading securities of $13,000 on the balance sheet c. no loss on the income statement, net trading securities of $11,000, and an unrealized loss of $2,000 as a stockholders' equity adjustment on the balance sheet d. a loss of $2,000 on the income statement and temporary investments of $11,000 on the balance sheet
When delivering negative news using the direct approach, which of the following would comprise the body of the message?
A) Neutral buffer B) Bad news C) Information that may help the audience D) Reasons for the bad news, then the news E) Positive statement aimed at maintaining a good relationship
On April 1, Otisco, Inc. paid Garcia Publishing Company $1,548 for 36-month subscriptions to several different magazines. Otisco debited the prepayment to a Prepaid Subscriptions account, and the subscriptions started immediately. What amount should appear in the Prepaid Subscription account for Otisco, Inc. after adjustments on December 31 of the second year assuming the company is using a calendar-year reporting period and the previous year adjustment had been made?
A. $516. B. $1,548. C. $387. D. $0. E. $645.
Based on the findings of the 2011 National Business Ethics Survey, what proportion of Generation X felt pressure to act unethically in the workplace?
a. 8% b. 10% c. 25% d. 7%