Employee transfers necessarily increase job responsibilities and compensation.
Answer the following statement true (T) or false (F)
False
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A weekly reconciliation of cash receipts would include comparing
a. the cash prelist with bank deposit slips b. the cash prelist with remittance advices c. bank deposit slips with remittance advices d. journal vouchers from accounts receivable and general ledger
Describe the difference between training and development.
What will be an ideal response?
A report that recommends to management the adoption of a particular cell phone plan for company employees is an example of an internal proposal
Indicate whether the statement is true or false
Cayman Inc. bought 30% of Maya Company on January 1, 2018 for $450,000. The equity method of accounting was used. The book value and fair value of the net assets of Maya on that date were $1,500,000. Maya began supplying inventory to Cayman as follows: Cost to MayaTransfer PriceAmount Held by Cayman at Year-End2018$30,000$45,000$9,0002019$48,000$80,00020,000??Maya reported net income of $100,000 in 2018 and $120,000 in 2019 while paying $40,000 in dividends each year.?What is the balance in Cayman's Investment in Maya account at December 31, 2019?
A. $488,700. B. $514,500. C. $494,400. D. $492,000. E. $489,600.