The ________ Act is a law designed to guarantee that workers facing a medical catastrophe or certain specified family responsibilities will be able to take needed time off from work without pay but without losing medical benefits or their jobs

A) Family and Medical Leave
B) Workers' Compensation
C) Family Law
D) Davis–Bacon


A

Business

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The following information is provided for the Jacob Company: Deferred compensation payable-stock appreciation rights $ 10 Bonds payable 120 Additional paid-in capital on common stock 25 Donated capital 16 Treasury stock (at cost) 10 Common stock, $1 par 150 Common stock option warrants 50 Unrealized increase in value of available-for-sale securities 28 Additional paid-in capital from treasury

stock 5 Retained earnings 75 ? ? What is the total stockholders' equity of Jacob Company? A) $489 B) $469 C) $339 D) $311

Business

All available-for-sale (AFS) debt investments are reported on the balance sheet at ________.

A) historical cost B) replacement cost C) current market value D) net realizable value

Business

Klothing Company, a U.S. clothing designer, manufacturer, and retailer, reported a balance in prepaid insurance of $90.7 million, based on its financial reports dated March 31, 2013, the end of its fiscal year. Assume that of this balance, $24 million relates to an insurance policy with two remaining months of coverage. Select the correct journal entries that Klothing would make on April 30, 2013

(Assume that the firm closes its books monthly. Klothing applies U.S. GAAP, and reports its results in millions of U.S. dollars.) a. Insurance Expense $ 24 million Prepaid Insurance $24 million b. Prepaid Insurance $24 million Insurance Expense $24 million c. Insurance Expense $12 million Prepaid Insurance $12 million d. Prepaid Insurance $12 million Insurance Expense $12 million e. none of the above

Business

Under the federal legislation known as OSHA, A) employers must keep records of all workplace injuries

B) employers must keep records of positive results of workplace drug tests. C) employers must keep a record of recognized hazards used in the workplace. D) employers may monitor workers' e-mail messages if the monitoring is done in the ordinary course of business and the employer provides the e-mail system.

Business