Which of the following terms refers to a slight deviation from the employer's business that is still within the scope of employment?

a. Frolic
b. Detour
c. Errand
d. Chore


b

Business

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In cross-cultural research, the most common qualitative method of data collection is ______.

A. questionnaires B. interviews C. phone calls D. observation

Business

Which of the following statements is CORRECT?

A. Since depreciation increases the firm's net cash provided by operating activities, the more depreciation a company has, the larger its retained earnings will be, other things held constant. B. A firm can show a large amount of retained earnings on its balance sheet yet need to borrow cash to make required payments. C. Common equity includes common stock and retained earnings, less accumulated depreciation. D. The retained earnings account as reported on the balance sheet shows the amount of cash that is available for paying dividends. E. If a firm reports a loss on its income statement, then the retained earnings account as shown on the balance sheet will be negative.

Business

Which of the following is NOT an example of co-ownership?

A) A joint tenancy B) A tenancy by the entireties C) A tenancy in common D) A lease between a landlord and a tenant

Business

Which financial statement is (are) required for a voluntary health and welfare organization that is not required for a private, not-for-profit hospital?I. A statement of operations. II. A statement of functional expenses. 

A. II only B. I only C. Neither I nor II D. Both I and II

Business