Under the ________ test, the principal is liable for any intentional torts committed by an agent during working hours on the principal's premises

A) work-related
B) motivation
C) promotional
D) self-dealing


A

Business

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A decline in purchasing power is evidenced by all of the following except:

a. inflation. b. a continuing rise in the general level of prices in an economy. c. buying the same amount of goods or services for a higher price a year later. d. current value is equal to historical cost.

Business

For each of the following, state whether it is a test of details of account balances or a test of details of disclosures. Then note for which assertion the test provides evidence.1. Inspect loan agreements under which an entity's inventories are pledged.2. Review inventory compilation for proper classification among raw materials, work in process, and finished goods.3. Observe the count of physical inventory.4. Trace test counts and tag control information to the inventory compilation.5. Inquire of management about issues related to LIFO liquidations.6. Review book-to-physical adjustments for possible misstatements.

What will be an ideal response?

Business

A shelf talker is:

A) a sales representative in a retail outlet who provides customers with information on different products in various shelfs. B) a sign hanging on the shelf with information, usually about a special price. C) a representative from a manufacturing firm who negotiaties shelf space with the retailers. D) a representative from a retail outlet who negotiates shelf space with the manufacturer.

Business

What amount did the Indigenous Employment Policy in 1999 compensate employers for providing long-term employment to indigenous workers?

a. Up to AU$4,400 b. Up to AU$10,000 c. Up to US$4,400 d. Up to US$10,000

Business