Title VII sex discrimination includes discrimination with respect to:
a. plans to have children in the future b. current pregnancy
c. having children already
d. insurance benefits and childbirth
e. all of the other choices are included under the law
e
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A classification of costs that determines whether a cost is expensed to the income statement or capitalized to inventory is:
A. Financial versus managerial. B. Service versus manufacturing. C. Fixed versus variable. D. Direct versus indirect. E. Product versus period.
Which of the following is NOT always necessary in order for a valid contract to be formed?
A) Mutual assent B) Legality of purpose C) A writing D) Competent parties
Partners Dennis and Lilly have decided to liquidate their business. The following information is available: Cash$100,000 Accounts payable$100,000 Inventory 200,000 Dennis, Capital 120,000 Lilly, Capital 80,000 $300,000 $300,000 Dennis and Lilly share profits and losses in a 3:2 ratio. During the first month of liquidation, half the inventory is sold for $60,000, and $60,000 of the accounts payable is paid. During the second month, the rest of the inventory is sold for $45,000, and the remaining accounts payable are paid. Cash is distributed at the end of each month, and the liquidation is completed at the end of the second month.Refer to the information provided. Assume instead that the remaining inventory was sold for $10,000 in the second month. What
payments will be made to Dennis and Lilly at the end of the second month? DennisLillyA)$0 $0 B)$10,000 $0 C)$5,000 $5,000 D)$6,000 $4,000 A. Option A B. Option B C. Option C D. Option D
The difference between an inter vivos gift and a gift causa mortis is that the inter vivos gift is made during the donor's lifetime and a gift causa mortis is a gift is made after the donor's lifetime by the donor's estate
Indicate whether the statement is true or false