Who would be liable for injuries an employee receives when a co-worker's disgruntled spouse enters the job site and shoots the employee? Assume the spouse was aiming at his spouse, but missed, hitting an innocent, uninvolved employee
What will be an ideal response?
This is a situation wherein the work-related test would apply. If an agent/employee commits an intentional tort within the work-related space, the employer/principal would be liable. But, in this situation, a nonemployee is involved. Thus, it is unlikely that the employer would be liable here. There is no agency relationship between the employer and the shooter, spouse of an employee.
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Since there are few rules to restrict how an organization chooses to arrange its own internal data for decision making, managerial accounting provides ample opportunity for creativity and change
Indicate whether the statement is true or false
Transfer pricing is a way to move funds
A. from stronger partners to weaker ones. B. from high tax, weak currency environments, or ones where profit repatriation is controlled. C. from headquarters to subsidiaries without bank intermediaries. D. between subsidiaries of alliances.
A product strategy that includes adding an unrelated product to the mix
A. can be more challenging to manage. B. is often used by small businesses. C. will likely determine the future direction of the firm. D. is encouraged, as long as it represents no more than half of the firm's product offerings.
Bau Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $281,656, would have a useful life of 7 years, and would have no salvage value. The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $76,000 per year. The internal rate of return on the investment in the tractor-trailer is closest to (Ignore income taxes.):Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.
A. 19% B. 18% C. 16% D. 21%