Answer the following statement(s) true (T) or false (F)
1. The scope of protections against sexual harassment varies minimally among countries.
2. A growing number of insurance carriers are now offering employment practices liability insurance specific to foreign countries’ labor laws.
3. The legal definitions of sexual harassment and the protections provided under the law are similar from one country to the next.
4. The United States laws extend to protect employees based on political beliefs and membership in organizations.
5. According to the Dot hard and Rawlinson decision (1977), the prison that turned down a woman because she did not meet the minimum height and weight requirements to become a prison guard was in violation with the law?
1. False
2. True
3. False
4. False
5. True
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Which of the following events will cause a company's current ratio to decrease?
a. The sale of inventory for cash b. The sale of inventory for credit (accounts receivable) c. Issuing stock for cash d. Paying off long-term debt with cash
Which of the following statements regarding the gross and net methods for recording trade accounts payable is true?
A) The net method overstates accounts payable at the end of the accounting period. B) The net method is more widely used in practice than is the gross method. C) The gross method more accurately measures liquidity. D) The net method highlights management inefficiency because purchase discounts lost are recorded whenever an invoice is paid after the cash discount period has expired.
An example of a company that would use a process cost system is a(n)
a. consulting firm; b. print shop; c. cement company; d. home remodeling company; e. automobile sales dealership
Marsden Company has three departments occupying the following amount of floor space: Department 115,000sq. ft.Department 210,000sq. ft.Department 325,000sq. ft.How much store rent should be allocated to Department 3 if total rent is equal to $200,000? (Do not round intermediate calculations.)
A. $66,667 B. $100,000 C. $50,000 D. None of the answers are correct.