Wilbur files a petition in bankruptcy for relief through an individual's repayment plan. Wilbur is granted a discharge. Debts that will not be discharged include claims for
A. contributions to employee benefit plans.
B. money to be paid for services not rendered.
C. fraudulently incurred debt.
D. long overdue credit-card debt.
Answer: C
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When testing for the differences between two averages the formula subtracts the differences between the two averages and divides this difference by the standard error of the difference between two:
A) groups B) averages C) differences D) percentages E) people
Answer the following statements true (T) or false (F)
1. Under the equity method, the Equity Investments account is credited for the receipt of a dividend because the dividend decreases the investor's investment. 2. Under the equity method, the investee must annually record its share of the investor's net income. 3. A company that is controlled by another corporation is called a subsidiary company. 4. Consolidated statements combine the balance sheets, income statements, and statement of cash flows of 5. Consolidation accounting is the way to combine the financial statements of two or more companies that have the same owners.
The manager of Center E provides human resource support for the other centers in the company. What type of responsibility center is Center E?
a. Cost center b. Discretionary cost center c. Revenue center d. Investment center
What should manager-employee discussions have in common when either an employee reports misconduct by another or admits to misconduct themselves?
a. a quick referral to human resources b. condemnation of the behavior c. praise for the reporting employee d. a quick report up the chain to the manager’s supervisor