An arbitrator may rule a grievance nonarbitrable (and refuse to inquire into the merits of the case) simply if time limits are not met

Two different companies, Vogel and Hatcher, entered into the following inventory transactions during December. Both companies use a perpetual inventory system. December 3 - Vogel Corporation sold inventory on account to Hatcher Corp. for $240,000, terms 2/10, n/30. This inventory originally cost Vogel $160,000. December 8 - Hatcher Corp. returned inventory to Vogel Corporation for a credit of $15,000. Vogel returned this inventory to inventory at its original cost of $10,000. December 12 - Hatcher Corp. paid Vogel Corporation for the amount owed.

Required: a. Prepare the journal entries to record these transactions on the books of Vogel Corporation. b. What is the amount of net sales to be reported on Vogel Corporation's income statement? c. What is the Vogel Corporation's gross profit percentage?

The level of involvement a manager utilizes should depend on the nature of the work and the ability and experience of the employee

Indicate whether the statement is true or false.