When you leave a job, check to see
a. what severance pay is available.
b. what happens to your health insurance.
c. how your final paycheck will be delivered to you and when it will be available.
d. all of these choices.
D
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If the U.S. Congress enacts a federal statute regulating the sale of automatic weapons and Kentucky passes a state law that conflicts with the federal law, Kentucky's law is said to be:
A. impliedly preempted. B. void-for-vagueness. C. prevailing. D. expressly preempted.
The method of accounting that only recognizes expenses when cash is paid for expenses incurred is called
a. the accrual basis of accounting; b. revenue and expense accounting; c. the cash basis of accounting; d. the merchandise basis of accounting; e. the commercial basis of accounting
The rule that requires financial statements to reflect the assumption that the business will continue operating instead of being closed or sold, unless evidence shows that it will not continue, is the:
A. Measurement (Cost) Principle. B. Going-concern assumption. C. Business entity assumption. D. Monetary unit assumption. E. Objectivity principle.
Veggie Vitality will send retailers a check if the retailer successfully includes its vegetable-based smoothies in promotional efforts. Veggie Vitality uses ________ to incentivize retailers.
A. trade discounts B. promotional allowances C. cash discounts D. seasonal discounts E. quantity discounts