Laws may restrict the corporation's purchase of its own stock
Indicate whether the statement is true or false
T
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Which of the following evidences delivery of product to customers sufficient for company recording as revenues?
a. A check received from the customer. b. An agreement to purchase product signed by the customer. c. A pick ticket in the warehouse. d. A bill of lading and tracking number with the shipper.
The net cost of purchases is found by deducting freight-in from net purchases
Indicate whether the statement is true or false
Megan was employed by a large company. Her supervisor told her to falsify government reports. She refused and was fired. She sued for wrongful discharge. Her employer claimed that, since Megan was an at-will employee, she had no legal right to claim the company was liable for damages. Is the employer right?
a. Yes. An at-will employee does not have a legal right to claim wrongful discharge of employment. b. Yes. As an employee, Megan owes a duty of loyalty to her employer. If the company was found to have acted illegally by falsifying the reports, it (not Megan) would be liable. c. No. Even though Megan was an at-will employee, such employees may not be fired without just cause. d. No. Though at-will employees do not have extensive rights relative to job security, they may not be legally fired for refusing to perform an illegal act.
__________ is the decrease in functional activity accompanied by symptoms of low spirits, gloominess, and sadness.
A. Alcoholism B. Tengriism C. Moral dilemma D. Depression