An atmosphere of harassment can result in employer liability even if the employer is unaware of specific claims
Indicate whether the statement is true or false
True
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Tony is a groomsman in his brother Angelo’s wedding. Angelo’s best man, his friend Leo, has prepared and rehearsed a toast for the reception and plans to speak from notes. Unfortunately, when the time comes he is too nervous to deliver it. Tony steps in and delivers a toast to his brother in Leo’s place. Leo’s toast would have been delivered in a(n) ______ delivery style, while Tony’s is delivered in a(n) ______ style.
a. memorized; extemporaneous b. extemporaneous; impromptu c. manuscript; memorized d. impromptu; extemporaneous
Gomez Service Company has received $7,500 in cash for services rendered. What affect does this transaction have on the accounting equation?
A) Increase Assets (Cash) and decrease Owner's Equity (Expenses) B) Increase Assets (Cash) and decrease Assets (Accounts Receivable) C) Increase Assets (Accounts Receivable) and increase Owner's Equity (Fees Earned) D) Increase Assets (Cash) and increase Owner's equity (Fees Earned)
Using the Indirect Method For the following question(s), indicate how each transaction described would be classified on a statement of cash flows if the operating activities section is prepared under the indirect method. When using the indirect method, where would the payment of cash dividends be shown on the statement of cash flows?
A) Operating activities B) Investing activities C) Financing activities D) Noncash investing and financing activity
Meli Corporation manufactures two products: Product L61P and Product B60E. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products L61P and B60E.Activity Cost PoolActivity MeasureTotal CostTotal ActivityMachiningMachine-hours$280,00014,000MHsMachine setupsNumber of setups$225,000450setupsProduct designNumber of products$84,0002productsOrder sizeDirect labor-hours$310,00010,000DLHsActivity MeasureProduct L61PProduct B60EMachine-hours6,0008,000Number of setups290160Number of products11Direct labor-hours7,0003,000Using the plantwide overhead rate, the
percentage of the total overhead cost that is allocated to Product L61P is closest to: A. 31.37% B. 50.00% C. 10.34% D. 70.00%