There are three fundamental types of formal third-party interventions: arbitration, mediation, and ________ consultation.

Fill in the blank(s) with the appropriate word(s).


process

Business

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Why are inventory carrying costs higher for retailers who source internationally?

A. Labels of origin are typically put on products and need to be removed upon arrival. B. There is no way to predict the extra tariffs that will be levied by importing countries. C. Foreign distribution centers charge higher storage fees. D. Lead times are longer, and there is a need to maintain higher levels of safety stocks. E. Changes in fixed costs result in additional inventory.

Business

Which of the following is TRUE of comprehensive income?

A) All items included in comprehensive income enter into the determination of net income. B) Dividend payments are not included in the determination of comprehensive income, even though it results in a decrease in total stockholders' equity. C) Comprehensive income includes company changes in total stockholders' equity from all sources, including owners' investments. D) Comprehensive income cannot be combined with a traditional income statement into a combined statement of comprehensive income.

Business

Each full-time employee of Hydroponics Greenhouse is entitled to ten paid sick days each year. The sick pay is not vested, but any unused sick days can be carried over to subsequent years. Under FASB ASC Topic 710, Hydroponics Greenhouse should

a. recognize sick pay as an expense when actually paid. b. recognize an estimated current liability for unused sick pay at the end of each period. c. recognize an estimated noncurrent liability for unused sick pay at the end of each period. d. accrue or not accrue sick pay based on historical rates of absenteeism.

Business

Doug is shown a series of pictures of faces seen from different angles. He is able to recognize that the pictures are of the same woman. Doug is easily able to do what a sophisticated computer program is unable to do because he makes use of _____.

Fill in the blank(s) with the appropriate word(s).

Business