Under the Family and Medical Leave Act, a convenience store owner with 20 employees is required to provide up to 12 weeks of unpaid leave to an eligible employee for medical reasons.
Answer the following statement true (T) or false (F)
False
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Discuss actual costing, normal costing, and standard costing
Prepare general journal entries to record the following transactions. Omit explanations. ? Jan. 3 Paid office rent, $1,600. 4 Bought a truck costing $50,000, making a down payment of $7,000. 6 Paid wages, $3,000. 7 Received $16,000 cash from customers for services performed. 10 Paid $4,100 owed on last month's bills. 12 Billed credit customers, $5,300. 17 Received $1,800 from credit customers. 19 Taylor Gordon, the owner, withdrew $1,700. 23 Paid $700 on amount owed for truck. 29 Received bill for utilities expense, $255. ?
What will be an ideal response?
If you plan to purchase the vehicle at the end of the lease period, you would pay the residual value if your lease was open-ended
a. True b. False
Identify a true statement about a nonequity venture.
A. It organizes worldwide operations based primarily on function and secondarily on product. B. It involves a financial investment by a multinational company (MNC) in a business enterprise with a local partner. C. It is characterized by one group's merely providing a service to another. D. It provides the most benefits when the need for product specification or differentiation is high.