All merit raises become part of an employee's base salary
Indicate whether this statement is true or false.
Answer: TRUE
Business
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Which of the following is used to see how a company's operating expenses, as a percentage of net sales, have changed from one year to the next?
A) vertical analysis B) horizontal analysis C) ratio analysis D) analysis of internal control system
Business
Mandy's car is stolen and she files a claim with her PAP insurer. Which of the following items will not be paid for by her Other than Collision coverage?
A) the actual cash value of the car B) the car's factory-installed GPS navigational system, worth $999 C) her cell phone that had a built-in GPS navigational system D) None of the above; all these items would be covered by her policy.
Business