According to the chapter, the most costly employee lapse can be

a. theft.
b. misuse of time.
c. misuse of technology.
d. failure to protect confidential information.


D

Business

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Supply chain management (SCM) is the combination of processes and procedures used to ensure the delivery of goods and services to customers at the lowest cost while providing the highest value to the customers

Indicate whether the statement is true or false

Business

Blogs, feedback applications, and customer reviews are all a part of:

A) Web 1.0 B) Web analytics C) cyber security D) brand engagement

Business

Wakefield Home is a private not-for-profit health care entity offering services for a fee. In the first quarter of 2017, Wakefield Home rendered services of $300,000 to patients. Of this amount, patients bear responsibility for 75% and the remaining amount is to be paid by third-party insurance providers. However, at the end of 2017, Wakefield Home realizes that $25,000 of the patients' responsibility to pay their share of the billed amounts is estimated to be uncollectible and $3,000 of the amounts from the third-party payors will not be collected.A local business donated medical supplies to Wakefield Home with a value of $40,000. Prepare the journal entry for the receipt of these supplies.

What will be an ideal response?

Business

Payroll is an example of a contingent liability for the employer.

Answer the following statement true (T) or false (F)

Business