Which of the following is not a contentious case of injury or illness covered under workers compensation??
A) ?Injuries resulting from faulty design of the machinery used in the production floor

B) ?An employee killed by a stranger when the employee is on a vacation.
C) ?Injuries occurring when the employee is "on the road," especially if the trip began from the employee's home.
D) ?Chronic illnesses such as lung disease, especially if contributing factors include workplace hazards (e.g., dust) in combination with personal behavior (e.g., smoking).


A

Business

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Indicate whether the statement is true or false

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Which of the following is a definition of expenses that clearly represents an asset-liability approach?

a. Expenses are outflows or other using up of assets or incurrence of liabilities (or a combination of both) during a period from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity’s major or central operations. b. Expenses are costs directly associated with the revenue of the period. c. Expenses are gross decreases in assets or gross increases in liabilities recognized and measured in conformity with generally accepted accounting principles that result from those types of profit-directed activities of an enterprise. d. Expenses in the broadest sense include all expired costs which are deductible from revenues.

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_____ is the sale of an exported product at a price lower than that charged for the same or a like product in the "home" market of the exporter

a. Exporting b. Dumping c. Boycotting d. Contract manufacturing

Business

A limited partnership cannot have general partners

Indicate whether the statement is true or false

Business