Workers who are injured at work due to their employer's negligence may collect workers' compensation benefits and sue in tort
a. True
b. False
Indicate whether the statement is true or false
False
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Why is depreciation added to net income in the Operating Activities category of the statement of cash flows when the indirect method is used?
a. Depreciation expense is a negative amount in the Investing Activities section and therefore is a positive amount in the Operating Activities section. b. Depreciation provides cash and therefore must be added to net income. c. Depreciation was deducted in arriving at net income on the accrual basis of accounting; however, it did not require the use of cash. d. Depreciation reduced the book value of plant assets and, therefore, must be reported as an investing activity.
In determining the dollar amount to use for operating assets in the return on investment (ROI) calculation, companies will generally use either net book value or gross cost of the assets. Which of the following is not an argument for the use of net book value rather than gross cost?
A. It eliminates the depreciation method as a factor in ROI calculations. B. It will result in a decrease of ROI each year. C. It is consistent with how assets are reported on the balance sheet. D. It encourages the replacement of old, worn-out equipment.
A location decision for an appliance manufacturer would tend to have what type of focus?
A) cost focus B) focus on finding very highly skilled technicians C) revenue focus D) environmental focus E) education focus
Following a union election campaign by Service Employees International Union among the employees of Quality Hotels & Resorts, Inc, the union does not obtain a majority vote in the election. This most likely violates
a. federal labor law. b. federal elections law. c. federal employment discrimination law. d. no federal law.