For proper matching of revenues and expenses, the estimated cost of fringe benefits must be recognized as anexpense of the period during which the employee earns the benefits
a. True
b. False
Indicate whether the statement is true or false
True
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You won the lottery and can receive either 1. $60,000 today, or 2. $10,000 one year from today
plus $25,000 two years from today plus $35,000 three years from today. You plan to use the money to pay for your child's college education in 15 years. You should A) take option two because you get $70,000 rather than $60,000 regardless of current interest rates. B) take the $60,000 today because of the time value of money regardless of current interest rates. C) take the $60,000 today if you can earn 6.81% per year or more on your investments. D) take the $60,000 today only if the current interest rate is at least 16.67%.
Construct a list of a country's economic statistics you would assemble to help determine the probability of a devaluation of its currency within the coming year
What will be an ideal response?
Ms. Anderson is a 53-year-old American citizen working in New York for QMB, Inc, a wholly owned subsidiary of QMB, GMBH, a German corporation. She applies for the position of Vice President of QMB, GMBH?a position based in Munich?and is denied the promotion on the basis of her age. How will a U.S. federal court treat Ms. Anderson's failure-to-promote claim under the ADEA?
A) The court must proceed with the case since Ms. Anderson is a U.S. citizen working for QMB, Inc., a U.S. corporation. B) The court will dismiss the claim on the grounds that the ADEA does not cover employment decisions regarding employment outside the United States made by a foreign-run company. C) The court will dismiss the claim on the grounds that age is a bona fide occupational qualification to the promotion position. D) The court will dismiss the claim on the grounds of forum non conveniens.
Which of the following is NOT a benefit provided by a service guarantee?
A. The ability to generate meaningful and relevant feedback from customers B. A way to improve employee morale C. The ability to set clear standards for the organization D. A way to increase a customer's sense of risk E. A way to create useful feedback that can be integrated into continuous improvement efforts