Unanticipated diseconomies of scale or scope are a result of

If an employee recovers damages against a third party for a workplace injury for which he or she has received workers' compensation benefits the employer is:

A. entitled to reimbursement from the recovery for the benefits paid less the employer's share of the employee's cost of litigation and attorney's fees. B. not entitled to reimbursement from the recovery for the benefits paid and may seek recovery from the third party. C. entitled to reimbursement from the recovery for the benefits paid only if the employer was not at fault. D. entitled to reimbursement from the recovery for the benefits paid with no deductions.

Which of the following statements is true regarding equity reserves?

a. Under U.S. GAAP, Other Comprehensive Income represents an equity reserve. b. Under U.S. GAAP, the allowance for doubtful accounts is considered an equity reserve. c. Under U.S. GAAP, appropriations of retained earnings are considered an equity reserve. d. Under U.S. GAAP, equity reserves are not currently allowed.