Does the Family and Medical Leave Act ?apply to professionals like CPAs?
A) Yes, if they work for a company with at least 50 workers.
B) Yes, but only if they are paid on an hourly basis.
C) No, but the professional firm must provide adequate vacation and sick days.
D) No, unless the employer specifically provides coverage.
A
You might also like to view...
From a manufacturer's perspective, a trade show offers the potential to meet customers and sell products
Indicate whether the statement is true or false
Which of the following is the best audit procedure for the discovery of damaged merchandise in an entity's ending inventory?
A. Review the management's inventory representation letter for accuracy. B. Observe the condition of merchandise and raw materials during the entity's physical inventory count. C. Test overall fairness of inventory values by comparing the company's turnover ratio with the industry average. D. Compare the physical quantities of slow-moving items with corresponding quantities of the prior year.
Healthy Lawn Maintenance deems uncollectible any customer account not paid after six months. This means that every accounting period, Healthy Lawn Maintenance ascertains which accounts remained uncollected for six months, and treats these customer accounts as uncollectible by writing them off. If, during 2013, Healthy Lawn Maintenance identified accounts of specific customers totaling $20,000
with unpaid balances for six months and wrote them off, the journal entry would be as follows: a. Bad Debt Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000 Accounts Receivable—gross . . . . . . . . . . . . . . . . . . . . . . . . 20,000 b. Bad Debt Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .20,000 Accounts Receivable—specific accounts . . . . . . . . . . . . . . . . 20,000 c. Allowance for Uncollectibles . . . .. . .. . .. . .. . .. . .. . .. . .. . .. 20,000 Accounts Receivable—specific accounts . . . . . . . . . . . . . . . . 20,000 d. Allowance for Uncollectibles . . . . . . . . . . . . . . . . . . . . . . . . 20,000 Accounts Receivable—gross . . . . . . . . . . . . . . . . . . . . . . . . . 20,000 e. Allowance for Uncollectibles . . . . . . . . . . . . . . . . . . . . . . . . .20,000 Bad Debt Expenses . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
Management can sell securities with unrealized holding gains (or losses) and transfer through net income to Retained Earnings the entire unrealized holding gain (or loss)—that is, management can affect the timing of gain or loss recognition in net income for both securities available-for-sale and trading securities
Indicate whether the statement is true or false