"Is this the first time you have taken from the company? Is this the first time you have created an overdraft?" are examples of what type of questions?
a. Open
b. Accusatory
c. Assessment
d. Calibrating
b
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In an examination of prospective financial statements, which of the following would not require a revision of prospective financial information?
A. Mathematical errors. B. Inappropriate or incomplete presentation. C. Unreasonable or internally inconsistent assumptions. D. All of the items listed may require a revision of prospective financial information.
When Company A discounts, with recourse, a note to Company B, Company B has a contingent liability until the note is paid
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Voter turnout at union elections is usually less than voter turnout for elections for governmental representation. 2. It often takes up to a year between the time a union files an election petition and the time the election is actually held. 3. New NLRB rules allow the NLRB to certify a union as representative of the bargaining unit even if some disputed ballots exist, as long as there are not enough of them to change the outcome of the election. 4. The primary consideration for an individual in considering whether to vote "yes" for a union is the perceived costs and benefits associated with unionization. 5. Age and gender are important factors in determining whether an individual votes "yes" for a union.
In 2019, Boris pays a $3,800 premium for high-deductible medical insurance for himself and his family. In addition, he contributes $3,400 to a Health Savings Account. Which of the following statements is true?
A. If Boris is self-employed, he may deduct $7,200 as a deduction for AGI. B. If Boris is self-employed, he may deduct $3,400 as a deduction for AGI and may include the $3,800 premium when calculating his itemized medical expense deduction. C. If Boris is an employee, he may deduct $7,200 as a deduction for AGI. D. If Boris is an employee, he may include $7,200 when calculating his itemized medical expense deduction. E. None of these.