Barry Owns a Small Software Development Firm

question 123

Multiple Choice

Barry owns a small software development firm.Barry has an employee who needs special accommodations in order to be able to perform the functions of his job.These accommodations would cost $10,000,an amount that Barry believes is more than he should have to spend.The Americans with Disabilities Act provides that an employer is required to make "reasonable accommodations" for employees with a disability,but does not define what constitutes a "reasonable accommodation." Assume that size of the employer (by some measure) determines the maximum amount of money that would be considered reasonable for a particular employer to be required to spend.Under the principles of stare decisis,which of the following is true?

• A) If a similar-size employer had been required to spend $15,000 in the past, then Barry would be required to spend the $10,000.
• B) If a similar-size employer had been required to spend $15,000 in the past, this would not be relevant in Barry's case because it happened in the past.
• C) If a similar-size employer had not been required to spend $15,000 in the past, then Barry would not be required to spend $10,000.
• D) If a similar-size employer had not been required to spend $15,000 in the past, then Barry would be required to spend $10,000.
• E) A similar-size employer's situation would be irrelevant because for precedential value, the other employer would need to be larger than Barry's firm.

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Definitions:

Petty Cash Fund

A small amount of cash kept on hand for minor or incidental expenses.

Cash Over and Short

An account used in cash management to record discrepancies between actual cash received and expected amounts, indicating either excess cash or a shortage.

Miscellaneous Revenue

Miscellaneous Revenue represents income received by a business from sources not related to its primary operations, such as sales of assets, interest, or one-time events.

Reconcile

The process of ensuring two sets of records (usually the balances of two accounts) are in agreement.