The perpetual inventory system provides an up-to-date amount of inventory on hand

Indicate whether the statement is true or false

True

Business

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ABC Company offers Mary Williams, who is 50, a severance package of pay and benefits in exchange for her agreeing to terminate her employment and signing a release of claims against the company. For the release to be valid under the Older Workers' Benefit Protection Act (OWBPA):

A. Mary must receive at least one month's pay. B. Mary's signature must be notarized. C. Mary must be given 7 days to change her mind after signing the release. D. Mary must be represented by an attorney.

Business

Lessors classify and account for all leases that don't qualify as sales-type leases as operating leases.

a. true b. false

Business