The fiduciary fund financial statements are prepared using the economic financial resources measurement focus and accrual basis of accounting.
Answer the following statement true (T) or false (F)
True
Fiduciary funds use the economic resource measurement focus and the accrual basis of accounting. Activity accounts are labeled additions and deductions rather than revenues and expenses.
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A company plans to downsize over the next year. Which of the following would be the BEST way to prepare employees for this negative announcement?
a. Send an email to employees the first day that employees are scheduled for layoff. b. Send a letter to laid off employees at their home address instructing them not to report for work to avoid emotional confrontations. c. Use the company's internal communications (newsletters and intranet) to make employees aware of the downsizing before it happens. d. Call a staff meeting at the end of the day on the Friday before layoffs begin to make the negative announcement.
Using free slack does not delay any following activities and requires no coordination with managers of other activities.
Answer the following statement true (T) or false (F)
The following are methods of preventing health hazards in the workplace EXCEPT
A. substituting materials. B. issuing protective equipment. C. hiring more employees than required for a task. D. enclosing or isolating a process.
When Hester's car breaks down, she asks Insta-Tow, Inc, to tow it to Jerry's Repair Shop. There is no discussion of a price, and Hester and Insta-Tow do not sign any documents. Later, Insta-Tow sends Hester a bill. With respect to Hester's obligation to pay the bill, this is
a. an express contract. b. an implied contract. c. no contract. d. a quasi contract.