An employer/principal is liable for the torts of an employee/agent committed while the employee/agent is
a. within the scope of employment.
b. paid an hourly wage.
c. a deep pocket employee.
d. on his or her way to work.
a
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If an asset costs $41,000, has a residual value of $3,000, and has a useful life of five years, the entry to record depreciation in the second year using the double-declining-balance method is
A) debit to Depreciation Expense, 9,430; credit to Cash, 9,430. B) debit to Depreciation Expense, 9,840; credit to Accumulated Depreciation, 9,840. C) debit to Depreciation Expense, 10,250; credit to Accumulated Depreciation, 10,250. D) debit to Accumulated Depreciation, 10,660; credit to Depreciation Expense, 10,660.
Which of the following should be a core functionality of employee green committees or green teams?
a. designing the company’s green goals and changes to production processes b. reaching out to government regulators about company goals c. helping solve interdepartmental issues related to environmental programs d. coordinating with international bodies like the Paris Accord implementation leadership
Changes in accounting estimates are:
A. Statement of cash flow items. B. Considered accounting errors. C. Accounted for with a cumulative "catch-up" adjustment. D. Reported as prior period adjustments. E. Accounted for in current and future periods.
__________are business customers who consider numerous suppliers, solicit bids, and study all proposals carefully before selecting one
Fill in the blanks with correct word.