Which of the following statements is true concerning the Small Claims Court?
A) A person who starts a proceeding is called a plaintiff.
B) A person who starts a proceeding is called a defendant.
C) On proper facts a defendant can make a counterclaim against the plaintiff in the same action.
D) Both A and C
E) All of the above
E
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Failure to record a liability probably will
A) result in an overstated net income. B) result in overstated total liabilities and stockholders' equity. C) have no effect on net income. D) result in overstated total assets.
Which slogan is not one of the three typically used as to why companies implement diversity management strategies?
a. "Diversity is a reality that is here to stay" b. "Diversity makes us all better" c. "Diversity management is the right thing to do" d. "Diversity makes good business sense"
The machinery in a plant is old and was designed for use by an "average-sized male.". Citing safety concerns, the company hires only average-sized males for jobs working in the plant. If a female applicant for a job at the plant is not hired and sues, a court would most likely rule that:
a. the employer violated Title VII by facially discriminating based on sex b. the employer violated Title VII by not attempting to accommodate women so that they could work in the plant c. the employer violated Title VII because the selection criterion of size has an adverse impact on women and is not job related and consistent with business necessity d. the employer did not violate Title VII because the employer could establish a BFOQ based on its safety concerns e. the employer did not violate Title VII because any adverse impact its hiring criterion created was justified as job related and consistent with business necessity
Recognizing revenues when measurable and available for paying current obligations and expenditures when incurred describes which basis of accounting?
A. Modified cash. B. Modified accrual. C. Budgetary. D. Accrual.