Under the ADA, it is important that job descriptions:
a. clearly identify the essential functions of jobs
b. clearly specify how job tasks are to be carried out
c. list reasonable accommodations that are available to an employee in this job
d. all of the above
e. none of the above
A
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For the year in which prices rise, adoption of a "just-in-time" inventory system will most likely result in
A) a permanent increase in the size of the inventory B) a reduction in income taxes C) an increase in total assets D) an increase in income
Which of the following statements regarding vacation benefits is correct?
A) No entry is needed until the employee takes a paid vacation. B) The account, Vacation Expense is debited when the employee takes a paid vacation. C) Health and pension benefits are recorded in the same manner as vacation benefits. D) When an employee takes a paid vacation, the account, Vacation Benefits Payable is credited.
A flexible benefits plan typically _____.
A. allows only higher-risk employees to select and use certain benefits B. continuously updates the benefit options provided by an employer according to the demands and requirements of employees C. provides flexibility in choosing the time of the year when employees would like to make use of the benefits provided to them D. allows employees to select the benefits they prefer from options established by the employer
On April 1, Year 1, Astor Corp. purchased and placed a plant asset in service. The following information is available regarding the plant asset:Acquisition cost $130,000Estimated salvage value$15,000Estimated useful life 5 yearsMake the necessary adjusting journal entries at December 31, Year 1, and December 31, Year 2 to record depreciation for each year under the straight-line depreciation method.
What will be an ideal response?