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STatiana [176]
3 years ago
11

One way to recruit companies to a state is to offer tax incentives; another is to assure them that the workforce is prepared. Wh

en a state government confirms that an employer will be given the authority to terminate employment of an employee at any time without cause and gives the same assurance to the employees, those statutes are referred to as
Business
2 answers:
Vika [28.1K]3 years ago
5 0

Answer:

At will employment

Explanation:

At-will employment is a term used in U.S. labor law for contractual relationships in which an employee can be dismissed by an employer for any reason, and without warning, as long as the reason is not illegal.

Through at-will employment, both the employee and the employer are able to terminate employment at any time. The employment can end at the discretion of either party at any time, with or without cause, and with or without notice.

Hence the answer to this question is At will employment

Art [367]3 years ago
3 0

Answer:

At-will employment

Explanation:

In most countries, when an employee is fired without cause, the employer generally must pay some type of indemnification to the employee. The right to labor indemnity is very common in many countries, e.g. All of Europe, Latin America, some Canadian provinces, and Australia + NZ. I really do not know if non western countries offer it.

What makes America different is that at-will employment is legal, meaning that an employer can fire an employee at will without any just cause, as long as it is not an illegal termination, e.g. gender based discrimination.

In many countries, employers purchase indemnity insurance to prevent any types of problems that may arise when firing someone. The lack of indemnity provides greater flexibility to American businesses, but at the same time is not exactly beneficial for the employee. But since it works, why fix it.

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Using the following accounts and an overhead rate of 70% of direct labor cost, determine the amount of applied overhead.
UkoKoshka [18]

Answer:

the applied overhead is $38,788.24

Explanation:

The computation of the amount of overhead applied is given below:

0.70 ÷ 1.70 × applied overhead + $23,900 + $71,700 = $39,190 + $150,610  

0.70 ÷ 1.70  × applied overhead = $94,200

applied overhead is

= $38,788.24

Hence, the applied overhead is $38,788.24

6 0
3 years ago
Alma Corp. issues 1,000 shares of $10 par value common stock at $16 per share. When the transaction is recorded, credits are mad
matrenka [14]

Answer:

The correct answer is Option is B.

Explanation:

The par value of shares is simply the stated value of shares in the company's books, as set out in the company's charter.

The full necessary journals to record the above transactions are:

Debit Cash (1,000 x $16)                                                      $16,000

Credit Common stock (1,000 x $10)                                    $10,000

Credit Paid-in capital in excess of par value - common      $6,000

<em>(To record issuance of common stock)</em>

So, the correct option is B.

4 0
4 years ago
Which of the following formulas is used to calculate the materials price variance? a.(Actual Price × Actual Quantity) – (Standar
GalinKa [24]

Answer:

b.(Actual Price × Actual Quantity) – (Standard Price × Actual Quantity)

Explanation:

The material price variance shows how favourable or otherwise the  actual material price is compared to the standard price. Where the actual material price is higher than the standard price, it results in an unfavorable variance and when the standard price is higher than the actual price, it results in a favourable variance.

The formula for the material price variance

= (Actual price - Standard price) × Actual quantity

= (Actual price × Actual quantity) - (Standard price × Actual quantity)

Hence the right option is b.

6 0
4 years ago
Milo Company uses the​ percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $ 150
Juliette [100K]

Answer:

Revised balance = $8000

Explanation:

Milo Company uses the​ percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $ 150 comma 000​, and management estimates 4​% will be uncollectible.

Milo ​Company's balance of Allowance for Uncollectible Accounts after​ adjustments, was $ 5 comma 000.

The following​ year, Milo Company wrote off $ 3 comma 000 of old receivables as uncollectible.

The Allowance account​ balance now will be:

Amount of Uncollectible Accounts for the year = 4% x $150,000 = $6000

Previous balance is $5,000 less amount written off $3000 = $2000

Revised balance = $6,000 + $2000 which is $8000

5 0
3 years ago
Marginal resource cost is Multiple Choice
Otrada [13]

Answer:

a. the increase in total resource cost associated with the production of one more unit of output.

Explanation:

Consider the following calculation

The MRC=TC at N inputs -TC at (N-1) inputs

The marginal resource cost is an addition cost of a new input hired.

5 0
4 years ago
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