Which of the following must be shown in order to establish a prima facie case of retaliation?
a. that the employee was replaced by someone with differing protected class characteristics
b. that the employee lost an employment opportunity shortly after engaging in protected activity
c. that the employer's action was based on the employee's race, sex, or other protected class characteristic
d. that the employer's action was based on a disagreement with a superior and that the firing was unrelated to quality of the employee's job performance
e. all of the above
B
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Crouch Apartments purchased an apartment building to rent to university students on December 15, 2015 . The tenants moved in on January 1, 2016 . On Super Bowl Sunday, a student punched a hole in the wall when his favorite team fumbled the ball. It cost the landlord $400 to repair the hole. How should this cost be recorded?
a. It should be recorded as part of the asset account. b. It should be recorded as repair and maintenance expense. c. It should not be recorded as the tenants will be charged for the damage. d. It should not be recorded since this is an immaterial amount to the landlord.
The Clementine Company agreed to purchase the Orange Company for $650,000. At the date of purchase, Orange had current assets with a fair market value of $400,000, noncurrent assets (including no marketable securities) with a fair market value of $700,000, and liabilities of $500,000. In accounting for this transaction, Clementine should
A) record noncurrent assets at $650,000. B) record a debit of $50,000 as a loss on the purchase. C) record goodwill of $50,000 to be reviewed annually for impairment. D) record current assets at $550,000.
The basic idea of misrepresentation is that one of the parties to a contract created in the mind of the other party a mistaken impression about an important fact or facts concerning the subject of the contract.
Answer the following statement true (T) or false (F)
Detection risk is measured on a scale of 0% to 5%
a. True b. False Indicate whether the statement is true or false