Answer:
A) True
Explanation:
Paternalistic social responsibility refers to acts whereby managers provide for the essential needs of the employees such as providing them with accommodation facilities along with satisfying other needs such as food.
Henri Ford was among the first initiators of such a responsibility when he provided health programs and recreational services to his employees.
Building town homes with provision for food by employer is an example of paternalistic social responsibility.
Reputation.
If a company has a bad reputation of allowing the sale of counterfeit goods, buyers will not trust the site and will not buy from it.
Answer:
option 2) smaller
As CE is the amount which if the agent gets with certainty, then agent will be indifferent between playing lottery or getting that amount with certainty
So L2 is more risky, & agent is risk averse, so agent will be ready to accept a lower amount with certainty ( as compared to the amount for a safer option : L1)
So CE of L2 will be lower
Answer:
Debit to Salaries Expense $2,700; Credit to Salaries Payable $2,700
Explanation:
In accounting, we have to recognize all expenses even though we haven't paid it yet. This is one of those instances.
The employees have worked for 3 days at the end of January but will not receive their payment on that day. That equates to $2,700 of salaries accrued at the end of January.
Accrued Expenses are recorded as payables, in this problem it's "Salaries Payable".
So to complete the adjusting journal entry:
(Debit) Salaries Expense $2,700
(Credit) Salaries Payable $2,700
