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kvv77 [185]
2 years ago
9

Which of the following is a legal philosophy that holds that either the employee or the employermay dissolve the employment arra

ngement at any time and without cause?A. pay ratioB. employment at willC. right to workD. codeterminationB. employment at will
Business
1 answer:
daser333 [38]2 years ago
3 0

Option (b), According to the legal theory of "employment at will," either the employer or the employee may end the employment relationship at any moment and without explanation.

<h3>What does it mean when something is done in the course of employment at the employer's or employee's discretion?</h3>

The Labor Code of California presumes that workers are hired at will. Therefore, both the employer and the employee have the right to terminate employment at any time, with or without justification and with or without prior warning.

Anytime and for any reason, either the employer or the employee may end an at-will employment arrangement.

<h3>Which of the following circumstances is not covered by the employment-at-will policy?</h3>

In California, at-will employment is often prohibited by public policy, implied contracts, discrimination and/or retaliation, fraud and/or misrepresentation, and other legal obligations.

Learn more about "employment at will,": brainly.com/question/17459074

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C. Provide objective evidence that a transaction has taken place.

8 0
3 years ago
Improperly capitalizing a repair and maintenance expense item as fixed asset will result in:____.
Fudgin [204]

Improperly capitalizing a repair and maintenance expense item as a fixed asset will result in an <u>overstatement of profit in the current year and an understatement in future years</u>.

Fixed assets seek advice from long-term tangible assets which can be used inside the operations of an enterprise. They offer long-term monetary advantages, have a useful existence of a couple of yr, and are labeled as assets, plants, and equipment on the balance sheet.

Fixed assets, additionally called lengthy-lived assets or property, plant, and the system is a term utilized in accounting for assets and belongings that can't effortlessly be transformed into cash. Fixed assets are unique from the contemporary property, which includes coins or bank accounts because the latter are liquid property.

Fixed assets are capitalized. It really is due to the fact the advantage of the asset extends past the year of buy, not like different costs, which might be length expenses benefitting handiest the duration incurred. constant assets should be recorded at a price of the acquisition

Learn more about Fixed assets here brainly.com/question/20289326

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5 0
2 years ago
What is the amount of asset for blue top taxi company? A.900 B.1100 C.2000 D. 2900
harkovskaia [24]
B it is b because i would like it to be B please
5 0
3 years ago
ompare the cost of the following leasing agreement with the finance charge on a loan for the same time period: The value of the
kow [346]

Answer:

One would want to finance this car rather than take this lease if the finance cost were $11,000 or less

Explanation:

<em>a). </em>Finance charge on the loan

<em>Step 1: Determine the depreciation cost</em>

The depreciation cost can be determine using the expression below;

Depreciation cost=Purchase value-salvage value

where;

Purchase value=$15,000

salvage value=$4,000

replacing;

Depreciation cost=15,000-4,000=$11,000

The total finance charge=$11,000

b). Cost of leasing agreement

<em>Step 2: Determine cost of leasing agreement</em>

Cost of leasing agreement=down payment+monthly payment+acquisition fee

where;

down payment=$500

monthly payment=$315

total monthly payment for 3 years=315×12×3=$11,340

acquisition fee=$300

disposition charge=$150

replacing;

cost of leasing agreement=500+11,340+300+150=$12,290

cost of leasing agreement=$12,290

The cost of lease agreement ($12,290) is greater than the total finance charge ($11,000)

One would want to finance this car rather than take this lease if the finance cost were $11,000 or less

8 0
3 years ago
1. A parent provides consulting services to its wholly-owned subsidiary during the year. The parent charged the subsidiary $600,
Fed [463]

Answer:

C

Explanation:

When consolidating parent and a wholly-owned subsidiary we aim to eliminate entries related to the inter company services. Since the subsidiary had recorded a debit to service expense when it was rendered, the adjusting entry would be a credit to the service expense amount by the same figure charged i.e. $600,000 in this case

6 0
3 years ago
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