Demographic Trends Suggest That Businesses Will Benefit from Offering Flexible

question 106

True/False

Demographic trends suggest that businesses will benefit from offering flexible work schedules, elder care, and child care to help employees balance the demands of job and family.

---

Definitions:

Stated Value

The nominal value assigned by the company to its no-par stock, which becomes the legal capital per share.

Credited

A journal entry that boosts a liability or equity account or reduces an asset or expense account.

Corporation

A legal entity that is separate and distinct from its owners, capable of owning property, entering into contracts, and being sued or suing in its own name.

Accounting Purposes

The specific reasons or objectives for maintaining financial records and conducting financial analyses, including compliance, reporting, and decision-making.