Four justices must agree to hear an appeal to the Supreme Court for it to be placed on the Court docket
a. True
b. False
Indicate whether the statement is true or false
True
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A commercial bank that gets a charter from the federal government is called a ________ bank.
A. charter B. state C. national D. federal reserve
Promises to pay employees pensions after they retire are difficult to identify and value and therefore need not be recognized in the financial statements until cash payment is made
Indicate whether the statement is true or false
When the manufacturing department cut waste by 10%, the organization paid each member of the department $500 (a portion of the savings) as a part of the organization’s ________ program.
A. profit sharing B. gainsharing C. employee stock ownership plan D. stock option E. exit pay
Provision of services qualifies as a consideration for an enforceable contract
Indicate whether the statement is true or false