Which of the following is true regarding criminal background checks?
a. an employer is required to do a criminal background check for all applicants; otherwise,it may be deemed guilty of discrimination if it does checks for some types of jobs but not for others
b. a thorough criminal background check is required only when the applicant will be working with money
c. employers should consider the seriousness, recentness, and job-relatedness of convictions before denying employment on that basis
d. all of the above
e. none of the above
C
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Clayborn Company' bank reconciliation as of May 31 is shown below. Bank balance$15,800 Book balance$17,025 + Deposit in transit 5,200 Bank service fees -25 - Outstanding checks -4,600 NSF returned -600 Adjusted bank balance$16,400 Adjusted book balance$16,400 One of the adjusting journal entries that Clayborn must record as a result of the bank reconciliation includes:
A. A credit to Cash of $600 B. A debit to Cash of $625 C. A credit to Cash of $4,600 D. A debit to cash of $25 E. A debit to Cash of $5,200
Dorffman Inc has a $18,000 favorable flexible budget variance for May. Which of the following statements is true, if May's actual net operating income was $72,000?
A) Dorffman's static budget must have showed a net operating income of $54,000. B) Dorffman's static budget must have showed a net operating income of $90,000. C) Dorffman's flexible budget must have showed a net operating income of $54,000. D) Dorffman's flexible budget must have showed a net operating income of $90,000.
You have funds that you want to invest in bonds, and you just noticed in the financial pages of the local newspaper that you can buy a $1,000 par value bond for $800. The coupon rate is 10% (with annual payments), and there are 10 years before the bond will mature and pay off its $1,000 par value. You should buy the bond if your required return on bonds with this risk is 12%.
Answer the following statement true (T) or false (F)
Credit cards are commonly used to pay for items such as clothing, car repairs, or a new car
Indicate whether the statement is true or false.