Sick leave programs
A. must be provided by all employers according to the law.
B. pay employees for days not worked due to illness.
C. are forms of floating holidays.
D. are mandatory forms of unpaid leave.
E. are based solely on the age of employees.
Answer: B
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The costs of organizing a corporation, such as incorporation fees, attorneys' fees, and promotion expenses are called ____________________
Fill in the blank(s) with correct word
Brazil, China, and India are classified as upper-middle income countries, also known as industrialized or developing countries
Indicate whether the statement is true or false
Adjusting entries result in a better matching of revenues and expenses for the period.
Answer the following statement true (T) or false (F)
The excess of divisional income from operations over a minimum amount of divisional income from operations is termed:
A) profit margin B) residual income C) rate of return on investment D) gross profit