Because Sean made sure the staff at a dry-cleaning business was trained to use some new, potentially hazardous equipment, had them sign off that they were aware of all the posted warning signs, and had them read the safety manual, which of the following is the probability of injuries occurring while using the equipment and the related impact to the employees?

A. Low risk and high negative impact
B. Medium risk and low negative impact
C. Medium risk and high negative impact
D. High risk and high negative impact

A. Low risk and high negative impact

Business

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If the debit amount of an adjusting entry adjusts an income statement account, the credit amount of the adjusting entry must adjust a____ _____ account.

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following is true of corporate bylaws?

A) They only contain rules on how the corporation can deal with the government. B) They are only adopted by the shareholders of the corporation. C) They are not binding on the directors, or shareholders of the corporation. D) They do not have to be filed with any government official.

Business