Vicarious liability occurs even though the employer has not been careless

Indicate whether the statement is true or false


T

Business

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The two most common sources for internal recruiting are ______.

A. promotion from within and employee referrals B. employee referrals and résumés on file C. promotions from within and résumés on file D. résumés on file and long-time employees

Business

On March 12, Klein Company sold merchandise in the amount of $7,800 to Babson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,500. Klein uses the perpetual inventory system and the gross method of accounting for sales. On March 15, Babson returns some of the merchandise. The selling price of the merchandise is $600 and the cost of the merchandise returned is $350. Babson pays the invoice on March 20, and takes the appropriate discount. The journal entry that Klein makes on March 20 is:

A.

Cash4,500 
Accounts receivable 4,500

B.
Cash7,644 
Sales discounts156 
Accounts receivable 7,800

C.
Cash7,056 
Accounts receivable 7,056

D.
Cash7,056 
Sales discounts144 
Accounts receivable 7,200

E.
Cash7,800 
Accounts receivable 7,800

Business

Which of the following may result in allocation to separate queuing areas?

a. Time already spent waiting b. Excess capacity c. Urgency of the job d. Excess demand e. Multiple locations

Business

An annual shareholders' meeting is held to elect new shareholders

Indicate whether the statement is true or false

Business