An employee of a company, who has good technical knowledge, is concerned that some televisions made by the company may have electrical shorts that could cause fires. Since no one in the company would address the problem, the employee provides evidence of the problem to the media and state attorney general, so consumers can be aware of the problem. If the employee is fired he is unlikely to have:
a. a case against the company
b. a case against the company unless he was an independent contractor c. a case against the company unless he was a general agent
d. a case against the company unless he was a servant
e. a case against the company unless an injury does occur to a consumer, in which case the firing will be illegal
a
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The net income for a company was $400,000 last year and is $500,000 this year. The percentage of increase or decrease is
a. 20%; b. 25%; c. 80%; d. 125%; e. cannot be determined from the information given
When determining how businesses record or do not record contingent liabilities, which is NOT one of the three likelihoods that that are considered?
A) remote B) reasonably probable C) probable D) reasonably possible
Accounting is governed by the balance sheet equation, which shows the equality of
a. assets with liabilities plus shareholders' equity. b. assets plus liabilities with shareholders' equity. c. assets plus shareholders' equity with liabilities. d. assets with liabilities minus shareholders' equity. e. assets with shareholders' equity minus liabilities.
According to Kohlberg, about 20% of Americans can be classified at this level of moral thinking ______.
A. level 1: preconventional thinking B. level 2: conventional thinking C. level 3: postconventional or principled thinking D. level 4: graduated level of thinking