Answer:
d.funded status relative to the accumulated benefit obligation.
Explanation:
Employees should be informed funded status relative to the accumulated benefit.
Answer:
This statement is False
Explanation:
One of the characteristics of the modern day service industry is Division of Labor. Thus, Elise would not leave almost all aspects of human resources functions to specialists. This is the decision of a human resources manager and not Elise who is the finance manager. The jurisdiction of her duty and reporting line does not allow such to happen.
Answer:
Laffer curve is the curve built on graph which explains that tax revenue will be increased when tax rates are raised. It also indicates that the tax revenue will increase to a certain point on the R-max line after which the curve starts declining which means the tax revenue will decline.
Explanation:
Laffer curve is a theory by economists which indicates the relationship between tax rates and the tax revenue. If the tax rates are increased then the tax revenue will also rise. This is the theory which is believed by many economists and many businesses also follow such strategy to improve their business profits.
Answer:
Panda Cafe's cash provided by operating activities is 82.000
Explanation:
The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.
It depends on the account if it is added or subtracted to net income. In this case , all of them are added to the net income.
Net income 69.000
Adjustment to reconcile the net income to cash
+ Depreciation expense 3.000
+ Increase in current liabilities 8.000
+ Current assets decreased 2.000
Net cash 82.000
