A solution obtained through mediation is legally binding
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Mediation refers to the use of an impartial third party to help resolve bargaining impasses. The solutions obtained through mediation are not legally binding.
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?Which of the following statements is true?
A. ?Over the last fifty years, the risk spread between Aaa bonds and Baa bonds always remained positive except in 1998. B. The risk spread between Aaa bonds and Baa bonds became negative only in the mid-1960s. C. For most of the last twenty years, the risk bread between Aaa bonds and Baa bonds remained negative. D. Over the last fifty years, the risk spread between Aaa bonds and Baa bonds never became negative
Which of the following events would be classified as an investing activity on a statement of cash flows?
A) the payment of interest on a loan B) the receipt of cash dividends on an available-for-sale investment C) the issuance of common stock D) the sale of an office building at its book value
A company has a petty cash fund amount of $300. When replenished, it has petty cash tickets of $30 for gas expense, $33 for postage expense, $16 for supplies expense, and $12 for miscellaneous expenses. Assume the cash balance is not over or short. In the journal entry, Cash would be credited for ________.
A) $91 B) $75 C) $63 D) $79
Which of the following is a drawback of using standard costing system?
A) It can be expensive and time-consuming to implement. B) It distorts actual cost information. C) It is often inaccurate. D) It is applicable only to manufacturing businesses, not service businesses.