In the Excel, or spreadsheet, approach to recording financial transactions, any transactions involving sales or expenses will be recorded in the Net Income column of the balance sheet.
Answer the following statement true (T) or false (F)
False
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________ analysis looks at specific products, territories, and so forth that failed to produce expected sales
A) Microsales B) Sales variance C) Expense-to-sales D) Full costing E) Financial
Under the Wagner Act of 1935, an employer has a legal obligation to do all of the following except:
A. Bargain with a duly elected representative of the employees. B. Make concessions in response to union demands during a bargaining session. C. Refrain from punishing employees who ask for better wages, hours, and working conditions. D. Refrain from coercing employees to vote "no" in a union election.
In a negligence action, all parties in the product's chain of distribution are liable for the injury,
even if only one party was negligent. Indicate whether the statement is true or false
Pam certified a statement prepared by Jace, her employee, without checking his work. Jace was never known to be anything but diligent and his integrity had never been questioned. The audit contained gross misstatements. Pam defends a suit against her claiming "due diligence." She will:
A) succeed, since she had no reason to believe her employee would lie. B) succeed, because a reasonable person would not have inquired further. C) fail, because due diligence requires reasonable investigation. D) fail, because she is automatically liable for her employee's act.