Finance

Under the Fair Credit Reporting Act (FCRA), if you have been denied cr

Under the Fair Credit Reporting Act (FCRA), if you have been denied credit, you have a right to A) inspect your credit file and have any errors or unsubstantiated entries corrected or removed. B) sue the credit bureau if your credit file indicates that you should have been granted credit. C) same response as b, […]

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Date: September 19th, 2020

An employee of Nelson Manufacturing was injured by a defective machine

An employee of Nelson Manufacturing was injured by a defective machine Nelson purchased from Clark Corporation. The employee’s tort action against Clark was successful. Clark, in turn, sued Nelson, alleging that Nelson failed to provide proper operating instructions to the employee. This claim (Clark vs. Nelson) is covered under Part Two of Nelson’s workers compensation […]

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Date: September 19th, 2020

In what important ways do financial managers and the accounting discip

In what important ways do financial managers and the accounting discipline interact? What will be an ideal response?     ANSWER Financial managers deal with the management of working capital, capital structure decisions, and capital budgeting. In each of these a financial manager relies heavily on the development of accurate financial statements and the projection […]

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Date: September 19th, 2020

Which of the following best describes cash flow from financing activit

Which of the following best describes cash flow from financing activities? A) Interest expense, minus dividends paid B) Increase (or minus decrease) in stock, plus increase (or minus decrease) in debt, minus interest paid, minus dividends paid C) Interest income, plus dividend income, minus taxes D) Interest paid, plus dividends paid, plus increase (or minus […]

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Date: September 19th, 2020

Which of the following statements about workers compensation insurance

Which of the following statements about workers compensation insurance is (are) true? I. Under the workers compensation part of the policy, the insurer agrees to pay the benefits required by the workers compensation law of any state listed in the policy declarations. II. The employers liability part of the policy provides workers compensation benefits when […]

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Date: September 19th, 2020

Which of the following statements regarding employer liability insuran

Which of the following statements regarding employer liability insurance under the workers compensation insurance coverage form is (are) true? I. Employer liability insurance covers an employee injury that occurs on the job but may not be considered work-related. II. If an injured employee sues a negligent third-party, and the third-party sues the employer for contributory […]

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Date: September 19th, 2020