It is the responsibility of __________ to ensure that employees use protective equipment on the job.
A. the Occupational Safety and Health Administration (OSHA)
B. the Voluntary Protection Program (VPP) representatives
C. a manual laborer
D. an employer
Answer: D
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Cash flows from operating activities include
a. selling goods and providing services. b. acquiring buildings and equipment. c. payment of dividends. d. retiring long-term debt. e. issuing stocks and bonds.
A positioning map reveals consumers' perceived store images for a retailer and its competitors
Indicate whether the statement is true or false
Brant Ranger, Paula Potts and Matthew Lane are all tax lawyers and partners in Ranger Potts & Lane LLP. They practiced together and were successful for many years before the partnership ran into difficulties
Lane was retained by Phillip Schooner, a wealthy client. Lane acted negligently for Schooner in several income tax transactions which breached the Income Tax Act and caused millions of dollars in losses to Schooner. Schooner brought a legal action over this. Which of the followings statements is TRUE? Schooner can claim against A) the firm's assets B) none of the partners' personal assets C) the firm's assets and the personal assets of Lane only D) the firm's assets and all of the partners' personal assets E) only the insurance provider for the firm
During a company's first year of operations, the asset account, Office Supplies, was debited for $2,300 for the purchases of supplies. At year-end, a physical count of the supplies on hand revealed that $825 of unused supplies were available for future use. How will the related adjusting entry affect the company's financial statements?
A. Expenses and assets will both increase by $1,475. B. Assets and expenses will both increase by $825. C. Expenses will increase and assets will decrease by $1,475. D. The related adjusting entry has no effect on net income or the accounting equation.