In DCS Sanitary Management v. Castillo, where a company had employees agree not to work for any competitors within 100 miles of any customer of DCS, the appeals court held that the agreement:
a. overly broad and could not be enforced
b. violated public policy and that the company must pay damages to the employees c. was not enforceable due to lack of consideration
d. was a reasonable restraint on competition that could be enforced
e. was a valid restraint on competition since such agreements are legal unless they violate the antitrust laws
a
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Which of the following audit procedures would be least likely to lead the auditor to find unrecorded fixed asset disposals?
A. Scanning of invoices for fixed asset additions for evidence of a purchase to replace a previously owned fixed asset. B. Review of property tax files. C. Review of repairs and maintenance expense. D. Examination of insurance policies for evidence of a dropped or cancelled policy.
The primary difference between a fixed budget and a flexible budget is that a fixed budget
A) cannot be changed after the period begins, whereas flexible budget can be changed after the period begins. B) is concerned only with future acquisitions of fixed assets, whereas a flexible budget is concerned with expenses that vary with sales. C) includes only fixed costs, whereas a flexible budget includes only variable costs. D) is a plan for a single level of production, whereas a flexible budget can be converted to any level of production.
Christopher told his new employee that he developed a marketing campaign in his previous position. In fact, he actually was assigned to the marketing campaign after it was developed. Which ethical guideline did Christopher violate?
a. The message should not embellish or exaggerate the facts. b. Ideas should be expressed clearly and understandably. c. Viewpoint should be supported with objective facts. d. No ethical guideline was violated.
Consider the following findings from a recent SWOT analysis performed by Sasha's flower shop. Which of the following represents a threat?
A. A new funeral home just opened up in town. B. Sasha has a hard time finding good employees after the summer staff goes back to school. C. Sasha has to spend a lot of time training her employees on how to care for the flowers and plants. D. The summer drought has produced fewer flowers. E. Sasha has a good business relationship with local catering companies.