An employer-provided ____________________ program helps new employees learn about and adjust to their new workplace.
Fill in the blank(s) with the appropriate word(s).
orientation
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What is discretionary reporting?
When 1000 shares of $3 stated value common stock is issued at $18 per share, ________.
A) Common Stock — $3 Stated is credited for $18,000 B) the account titled Paid-In Capital in Excess of Stated-Common is used to record the issue price of the stock C) the difference between the issue price and the stated value is credited to Paid-In Capital in Excess of Stated-Common D) the accounting is exactly the same as the accounting for par value stock
Which of the following are more likely to break the law?
a. Companies that are experiencing a downturn in sales b. Companies that have had 7 consecutive quarters of losses c. Companies that are high earnings performers d. Companies that have just had a rapid changeover in leadership
When supplies ordered for use in an activity accounted for in the General Fund of a government are received at an actual price which is less than the estimated price on the purchase order, the Encumbrance Control account is:
A. credited for the actual price of the supplies received. B. credited for the estimated price on the purchase order. C. debited for the estimated price on the purchase order. D. debited for the actual price for the supplies received.