Given the following information from Leo Company, what would the current assets section of the balance sheet include?
A) Cash $33,000; Accounts Receivable $13,000
B) Cash & Cash Equivalents $46,000
C) Cash $32,000; Accounts Receivable $13,000
D) Cash $29,000; Cash Equivalents $4,000; Accounts Receivable $13,000
C) Cash $32,000; Accounts Receivable $13,000
Explanation: cash will include checking account amount and 90 day note; current assets will include cash and A/R. Ex: A/R $13,000 and Cash $32,000 (90 day note $3,000 + checking account $29,000).
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Which of the following statements is true of workers' compensation?
A. "Work-related injuries" implies injuries arising out of employment or those that are related to the type of employment involved. B. Employers are required to report on-the-job fatalities and injuries that require hospitalization within 72 hours. C. Injuries occurring on the way to and from the job are considered to be within the course of employment. D. The secretary of labor authority is delegated to establish detailed health and safety standards that must be complied with by employees only.
The role of leaders in the goal setting process is important for ______.
A. aligning the goals set for the employee with the organization’s goals B. job satisfaction C. accountability for results D. micromanaging goal attainment
Which of the following is one of the UCC's requirements for an instrument to be negotiable:
a. it must be oral b. it must state a certain sum of money c. it need not be payable on demand or at a specified time d. none of the other specific choices are correct e. all of the other specific choices are correct
The total specialization rule states that an entity instance of a supertype is allowed not to belong to any subtype
Indicate whether the statement is true or false