During his interview at Rickson Electric, Hal was handed a malfunctioning switch, given a toolbox, and asked to fix the switch. What kind of employment test does this describe?
What will be an ideal response?
Answer: Performance test
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Which of the following is a factor that contributes to greater retail concentration in developed countries?
A. The number of households owning televisions B. The number of families with two or more children C. An increase in the value of the currency of the country D. The number of households with refrigerators and freezers E. A decrease in per capita income
If the disposal of a segment meets the criteria of a disposal of a segment, then:
a. the loss on disposal is an extraordinary item. b. the loss on disposal is categorized as "other expense". c. the results of operations of the segment will be reported in conjunction with the gain or loss on disposal. d. the disposal qualifies as a change in entity, and prior years' statements presented on comparative purposes must be restated. e. the effects of the disposal are shown as part of operations.