Answer the following statements true (T) or false (F)
SFAS No. 112 applies to both inactive and active employees who have not yet retired.
ANSWER: F
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A major weakness of a partnership is ________
A) the difficulty in maintaining owners' control B) the difficulty in liquidating or transferring ownership C) the double taxation of income D) its high organizational costs
In order to form a contract, the parties must:
A) manifest their agreement subjectively. B) manifest their agreement objectively. C) indicate solely through written word their intent. D) create a formal document called a contract.
Which of the following is not generally true of self-managed teams?
A) They are autonomous groups. B) They are development teams. C) They are a type of work group. D) Their members are trained to do most of the jobs in a unit. E) They make decisions that used to be made by frontline supervisors.
Scenario C: Tidewater, Inc., requires its job applicants to take a test that measures their vocabulary and numerical skills. For specific jobs, the company also requires its applicants to perform a sample of the job. Before implementing the tests, the management analyzes how well the test actually correlates and predicts job performance. When Tidewater needed to downsize, the company helped employees who were laid off to get placed in other organizations, and immediate supervisors talked to the employees about the reasons for their dismissal.The company helped employees get placed in other organizations after being laid off. This is an example of
A. outsourcing. B. expatriation. C. benchmarking. D. outplacement. E. vertical integration.