Under the Consolidated Omnibus Budget Reconciliation Act, an employer is not obliged to pay benefits to an employee if the employee was fired for gross misconduct

Which of the following statements about the balance sheet is most correct?

a. The lower (right-hand) section reports cash and other assets. b. The balance sheet reports on a business's operations. c. The asset side of the balance sheet is listed in decreasing order of maturity (i.e., longer maturity assets are listed first). d. The upper (left-hand) section reports liabilities and equity. e. None of the above statements are correct.

What is the net result of implementing the proposed plan? (See Table 14.5)

A) $3,952 B) $3,869 C) $2,084 D) -$2,084