Which of the following is NOT true regarding restructuring charges?

a. Restructuring charges reflect a loss in asset values of assets no longer consistent with a company's strategic plan.
b. Severance pay for employees working at terminated operations may be a component of restructuring charges.
c. Restructuring charges may include plant closing costs.
d. Restructuring charges are reported as extraordinary items.


D

Business

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There is a standard threshold for materiality set by the Financial Accounting Standards Board for all companies

a. True b. False Indicate whether the statement is true or false

Business

Beacons are useful to retailers of all sizes because they

A. use virtual reality to enhance the shopping experience. B. allow customers to scan items to get sales. C. track customers' locations throughout the store. D. allow customers to use their phones to check out. E. send real-time messages and offers to customers.

Business

Jim maintains a popular blog that highlights restaurants in the Chicago area. Jim provides recommendations on the restaurants, posts photos, and gives descriptions of upcoming specials or events. He has a number of followers, and restaurants have begun to take notice. One popular restaurant chain is expanding and hopes that Jim could help it in promoting its new location. Not only does Jim have a lot of people following his blog posts, but the restaurant knows that Jim is highly trusted. What is the best way for the restaurant to make use of Jim's influence in its promotional strategy? 

A. Ask Jim to post updates on the restaurant's website. B. Invite Jim to write a review of its food. C. Send Jim photos of restaurant meal specials.  D. Send Jim a Facebook message asking him to "like" the restaurant. E. Send Jim a press release describing the new location.

Business

Mirena serves in a representative capacity for Netanya. Orla is injured through Mirena's negligence. Netanyamay be liable to Orla if Mirena's conduct occurred A) due to a propensity Netanyawas not and could not have been aware of

B) during normal working hours. C) in the course and scope of Mirena'semployment. D) outside the parties' employment relationship.

Business