The amount of money a company gives directly to employees when they are terminated for reasons other than performance is called

A) severance pay
B) unemployment pay
C) recall pay
D) replacement pay

A

Business

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The balance sheet for Greeley Contracting shows assets totaling $207,000 and liabilities totaling $95,000. Which of the following statements is correct?

A. Current assets are worth $92,000. B. Net income for the period is $112,000. C. Owners' equity equals $182,000. D. Owners' equity equals $112,000.

Business

Which one of the following is the least likely to be an advantage of cultural diversity to the organization?

a. The company gains a marketing advantage, including increased sales and profits. b. The company is able to recruit a wider range of talented people. c. The company does not have to deal with different perspectives, thereby slowing down problem solving. d. The company advertising reduces the number of cultural bloopers and hidden biases.

Business