According to current GAAP, the date when the terms for stock options are mutually agreed-upon and the stock options are awarded to employees is the:
A. exercise date.
B. payment date.
C. grant date.
D. vesting date.
Answer: C
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An inventory record indicates that 12 items of a specific product are on hand. A customer purchased two of the items, but when recording the order, the data entry clerk mistakenly entered 20 items sold. Which check could detect this error?
a. numeric/alphabetic data checks b. limit check c. range check d. reasonableness check
Hedging for currency risk is only for large businesses with established international operations.
Answer the following statement true (T) or false (F)
Referring to management, the saying "You get the union you deserve" best fits:
A. The industrial relations perspective B. The mainstream model of economics C. The human resources perspective D. The critical industrial relations perspective
If Elizabeth, agent for Wade, finds out one of Wade's customers has become insolvent, she has the duty to communicate this information to Wade
a. True b. False Indicate whether the statement is true or false