The ADEA and the ADA protect:
a. US citizens working for US-controlled companies abroad.
b. US legal residents working for US-controlled companies abroad.
c. foreigners working for US-controlled companies abroad.
d. foreigners seeking work from US entities.
a
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Indicate whether the statement is true or false
Why are overstated reserves sometimes referred to as "cookie jar" reserves?
a. Companies involved in mergers or acquisitions overstate their liabilities by creating cookie jar reserves. b. The reserve is commonly created during bad times or when routine senior management changes occur. c. Some companies may require customers to make deposits for future goods or services that can be intentionally recorded as revenue, which is like money stored in a cookie jar. d. Like money stored in a cookie jar, overstated revenues represent a stash of accounting earnings that can be used to bolster the perceived performance of the company in the future.
A key element of personal identity is a profile. _________________________
Answer the following statement true (T) or false (F)
An intentional understatement of expected revenues or overstatement of expected expenses by managers in order to have a favorable performance evaluation is known as ________
A) benchmarking B) appropriation C) budgetary slack D) variance analysis