When firms allow employees to "opt out" regarding health care, employees
A) are offered a cash incentive for electing not to cover their families under the company health plan.
B) are not eligible to participate if their spouse has health insurance.
C) are only eligible to participate if they are single.
D) none of the above.
Answer: A
You might also like to view...
BoTeck is a full-service technology company. It provides equipment, installation services, and training services. For a recent major group sale, the transaction price had a variable component contingent upon a threshold being reached. Revenue allocated to equipment and installation services was recognized in fiscal year 2015; revenue allocated to training services is being recognized over the
next two years through the end of 2017. Now, in February 2016, the contingent outcome previously expected has proven to be false and the transaction price has changed such that additional revenue should be recognized for these performance obligations. What is the proper accounting for this change in transaction price for equipment and installation services? A) prior period adjustment to increase 2015 revenue for the full amount of change B) increase 2016 and 2017 revenue by allocating adjustment equally to each year for the proportional amount of change C) increase 2016 revenue by allocating adjustment to January and February equally to each month for the proportional amount of change D) increase 2016 revenue by adjusting February for the full amount of change
Land Corporation reported the following:
Which of the following is included in the entry to record the corporation's purchase of 40,000 shares of its common stock for $12.00 per share?
A) Treasury Stock—Common is debited for $480,000.
B) Paid-In Capital from Treasury Stock Transactions is credited for $135,000.
C) Retained Earnings is debited for $480,000.
D) Common Stock—$5 Par Value is credited for $200,000.
The closing of an adjustment message should A) guarantee that the problem will not recur if the customer continues doing business with you
B) express confidence in future business relations. C) assign blame to the responsible department and assure the reader that the department has been improved. D) remind readers of their responsibility in the product failure.
In states that accept the "Marvin marriage" rule of law, a verbal commitment to pay money in the future, in consideration of continued companionship is theoretically enforceable
Indicate whether the statement is true or false