Which of the following is a true statement regarding employer compliance with the Immigration Reform and Control Act?
a. employers must verify a person's eligibility to work in the United States before the new employee begins work
b. employers are required to copy and retain copies of the documents used by the employee to prove eligibility to work in the United States
c. if they appear to be genuine, employers are not required to investigate or verify the authenticity of documents presented or supplied by the employee
d. employees must present certified copies of whatever documents they use to verify eligibility to work
e. all of the above
C
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A $6,000, 60-day, 12% note recorded on November 21 is not paid by the maker at maturity. The journal entry torecognize this event is
a. debit Cash, $6,120; credit Notes Receivable, $6,120 b. debit Accounts Receivable, $6,120; credit Notes Receivable, $6,000; credit Interest Receivable, $120 c. debit Notes Receivable, $6,060; credit Accounts Receivable, $6,060 d. debit Accounts Receivable, $6,120; credit Notes Receivable, $6,000; credit Interest Revenue, $120
Mini-Case Question. What is the marketing ROS for FunTime Inc.?
A) 27.5% B) 50% C) 10% D) 15% E) 52%
BFOQ is an acronym for which of the following?
A. Bonus For Other Questions B. Broken Formats Or Questions C. Bona Fide Open Qualifications D. Bona Fide Occupational Qualification
How are the shipping terms C.I.F. and F.O.B. point of shipment similar to each other?
A) Both require the seller to bear the expense and risk of loss until the goods are tendered to the buyer at the place of destination. B) Both require the seller to bear the expenses and risk of loss when handing the shipment to a carrier. C) Both require the seller to deliver and tender the goods alongside the named vessel provided by the buyer. D) Both require the seller to bear the expense and risk of loss until the goods are unloaded from the ship at its port of destination.