Why did the Hallimans bring an action for damages in a court of law when Halliman was clearly entitled to benefits under the workers' compensation law?
While recovery under workers' compensation statutes is certain, the amount recoverable is limited, i.e., based on statutory loss schedules and disability percentages. The Hallimans rightly believed that a court judgment would probably be for a greater amount of money than that recoverable under workers' compensation.
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In an internal transfer, the selling division records the event by crediting
a. Accounts Receivable and Cost of Goods Sold. b. Cost of Goods Sold and Finished Goods. c. Finished Goods and Accounts Receivable. d. Finished Goods and Intracompany Sales.
The political systems of England and Japan are quite different
Indicate whether the statement is true or false.
Dorothy Rache listed her house for sale at $200,000. Linda Bugowski presented her with the usual real estate agreement form with a purchase price of $180,000. Dorothy crossed out the $180,000 and replaced it with $190,000
Linda initialed the changes and added "plus the drapery". In legal terminology: A) The listing of the house for sale is called an offer. B) The return of the agreement by Dorothy with the purchase price changed to $190,000 is called an offer. C) The initialing of the change by Linda and the additional drapery clause is an acceptance. D) Both B and C E) None of the above
Bernes Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During October, the kennel budgeted for 2,700 tenant-days, but its actual level of activity was 2,720 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: Fixed element per monthVariable element per tenant-dayRevenue - $30.80 Wages and salaries$3,300 $6.10Food and supplies 600 10.10Facility expenses 8,800 3.60Administrative expenses 7,600 0.10Total expenses$20,300 $19.90?The activity variance for administrative expenses in October would be closest to:
A. $162 U B. $2 U C. $2 F D. $162 F