The president of a corporation is an example of a corporate officer
Indicate whether the statement is true or false
TRUE
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The law of negligence holds our behavior up to a(n) ________ standard of conduct.
A. objective B. criminal C. strict liability D. subjective
Sandy Shores, Inc reported the following amounts in its financial statements: 2017 2016 Average merchandise inventory $ 200,000 $ 120,000 Cost of goods sold 4,000,000 3,000,000 From 2016 to 2017, the company's management of inventory is
a. declining, because the number of days' sales in inventory is getting larger. b. increasing, because the number of days' sales in inventory is getting larger. c. declining, because the number of days' sales in inventory is getting smaller. d. increasing, because the number of days' sales in inventory is getting smaller.
Which of the following is/are true regarding the accounting for defined contribution plans?
a. When pension assets equal pension liabilities and the expected rate of return on pension investments equals the discount rate used to compute the projected benefit obligation, the amounts offset each other. b. When the interest cost exceeds the expected return on pension investments, either employer contributions or future earnings on pension plan investments must make up the difference. c. Computing pension expense (or credit) using the expected return (not the actual return) rests on the view that pension plans should take a long-term perspective and generate earnings from investments based on a long-term expected rate of return. d. Annual deviations from the long-term expected rate of return should not flow through to net income as they occur. e. all of the above
A ____________________ is an employer-initiated rather than worker-initiated work stoppage during a bargaining impasse.
A. jurisdiction strike B. lockout C. wildcat strike D. corporate campaign