Which of the following information exists in both the employees' earnings records and the payroll register?

What will be an ideal response?


1. Marital status
2. Hourly rate or period wage

Business

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Which of the following is not true?

a. Firms reclassify gains and losses initially classified in other comprehensive income into net income when a confirming event subsequently occurs. b. Firms close amounts in other comprehensive income for a period to Accumulated Other Comprehensive Income at the end of the period. c. Net income includes gains and losses from sales or exchanges of assets or settlements of liabilities related incidentally or peripherally to the firm's core business. d. Authoritative guidance classifies gains and losses from the remeasurement of certain assets and liabilities as either net income or other comprehensive income. e. The FASB's and IASB's conceptual framework contains a conceptual model for classifying items in net income versus in other comprehensive income.

Business

The workers' union of Bolden Steels meets every Saturday night to discuss the work done by various members of the union. At one of the meetings, Casey, a worker at the plant, announced her intention of suing the union

Her allegation was that the union made an unfair deal with the management and cheated her out of a promotion. The union leader prohibited her from taking the case to court. In this case, Casey can sue the union under the provisions of the ________. A) Wagner Act B) Landrum-Griffith Act C) Taft-Hartley Act D) Consolidated Omnibus Reconciliation Act

Business

Tom owns a hardware store at which he sells power tools. He sells a cordless drill to Victor who

takes it home and is injured when he uses it, because the drill is defective. Victor can sue Tom for a breach of the implied warranty of merchantability. Indicate whether the statement is true or false

Business

Sensemaking produces ______________.

a. A plausible narrative b. Amusing stories c. Detailed plans d. War games

Business