Answer: When the Age Discrimination in Employment Act is being applied, the substantially younger test generally says that the younger employee must be at least ten years younger than the terminated employee claiming discrimination.
Explanation: The Federal Government has set an age limit on how far apart the age needs to be to claim there is discrimination happening. They have also set an age limit to claim that an individual is being discriminated by their age and that is 40 years old.
Answer:
B. property given as security for a loan
Explanation:
Answer:
Store of value.
Explanation:
In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
The three (3) main functions of money all over the world are;
I. Medium of exchange.
II. Unit of account.
III. Store of value.
In this scenario, Jeffrey went to a financial manager to begin planning for his son's future by opening a college savings account. Thus, this is is an example of a store of value because the purchasing power was transferred from the present to the future.
In conclusion, money being a store of value makes it possible to transfer purchasing power between traders and buyers from the present to the future.
<span>The safest action to take if someone calls claiming to be from your bank to ask for account information is to ask the caller to hang up and call back using the bank's official phone number. Somene could have viewed part of your information from your card, stolen informaiton or elsewhere and is trying to get the rest of the information out of you. If you are unsure and do not trust where the source is calling from, always call them back through a secure number. </span>
Answer:
$1,200,000
Explanation:
Jack Corporation
Carrying value before net loss:
($1,500,000 - (20% x $1,000,000))
=$1,500,000-$200,000
= $1,300,000
Jack's share of net loss recognized in full:
20% x $6,000,000
= $1,200,000
Therefore the amount of loss should Jack report in its income statement for 2021 relative to its investment in Jill will be $1,200,000
