I must say im going with the letter B correct me if im wrong
The most likely reason Trevor and Matt have different salaries despite doing the same activities is that they work on different farms.
When a person is hired by another person to perform a job, they must sign a contract that establishes all the characteristics of the employment relationship that unites them. Aspects such as:
- Work hours
- Salary
- Workplace
- Benefits
- Job security
In this case, comparing the salary of Matt and Trevor it can be inferred that the difference in salaries is because each signed a different employment contract with their respective bosses. Therefore, despite doing the same job, they have different salaries.
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Answer:
The Serbanes-Oxley Act requires the Chief Executive Officer and the Chief's Financial Officer to vouch for the truthfulness and fairness of a firm's financial disclosures.
Explanation:
The CFO being in charge of the firm's financial affairs is saddled with such responsibility while the CEO being the one man at helms of affairs of the company is also responsible for the firm's financial probity,coupled with the fact the CFO may be required to report to the CEO depending on the structure of the firm.
Answer:
Credit to refund liability of $280,000.
Explanation:
The year end adjusting entry would be
Sales Return $280,000 ($21 million × 8% - $1,400,000)
Refund Liability $280,000
(Being the anticipated sales return is recorded)
Here the sales return is debited as it increased the sales return and the refund liability is credited as it increased the liabilities
The same is to be considered