An increasing number of employers are requiring employees to sign _______________________________ agreements as a condition of employment. Employees waive their rights to bring an employment lawsuit against an employer and agree instead to resolve disputes using final and binding arbitration.
Fill in the blank(s) with the appropriate word(s).
mandatory or compulsory arbitration
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Which of the following is not characteristic of an external audit?
A. Primarily used when management suspects embezzlement. B. Performed by CPAs. C. Performed by an independent organization. D. Verifies that generally accepted accounting principles have been followed. E. Verifies the accuracy and fairness of financial statements.
Which of the following events would be least likely to be modeled in a REA diagram?
a. customer inquires b. posting accounts payable c. receiving cash d. sales to a customer
When the holder of an instrument has presented it for payment or acceptance and it has then been refused, the negotiable instrument:
A. has been held to be irregular. B. has been dishonored. C. is considered overdue. D. is considered unauthorized.
Explain the difference between performance management and performance appraisal. Why is the distinction important?
What will be an ideal response?