An important goal when delivering negative-news messages is to maintain friendly relations with the receivers and to regain their confidence
Indicate whether the statement is true or false
True
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Accountants have not accepted the role of disclosing the firm's capacity to make distributions to stockholders
Indicate whether the statement is true or false
A lessor enters into a sales-type lease. Which of the following statements is true if the leased asset has an unguaranteed residual value?
A. The gross profit recognized is less than it would be if the residual was guaranteed. B. The gross profit recognized is more than it would be if the residual was guaranteed. C. The lessor should decrease the cost of goods sold by the amount of the unguaranteed residual value. D. The gross profit is the same as it would be if the residual was guaranteed.
An employer may have criminal liability for the acts of an employee
a. True b. False Indicate whether the statement is true or false
Beachside Manufacturing estimates that its office employees will earn $54,000 next year and its factory employees will earn $280,000. The firm pays the following rates for workers' compensation insurance: $0.40 per $100 of wages for the office employees and $4.10 per $100 of wages for the factory employees. Compute the estimated premiums for the office and factory employees.
What will be an ideal response?