Which of the Following Statements Is/are Correct

question 59

Multiple Choice

Which of the following statements is/are correct?
I.Danny falls off a ladder at work and is hospitalized for two weeks. He receives $650 from the state worker's compensation fund, his regular $1,800 salary, and $925 disability pay from his employer's health and accident insurance plan. Danny must recognize $2,725 of income from the payments.
II.Donna's grandfather dies and leaves her City of Goldsboro bonds that are worth $57,000. The bonds have a face value of $50,000 and pay 5% annual interest. Donna must include the $2,500 of interest she receives in her gross income.
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• A)Only statement I is correct.
• B)Only statement II is correct.
• C)Both statements are correct.
• D)Neither statement is correct.

Differentiate between various organizational cultures and their impacts on employee behavior and company performance.

Comprehend the concept of person-organization fit and its importance in recruitment and retention.

Appreciate the role of artifacts in communicating and reinforcing organizational culture.

Identify cultural obstacles in organizational change and mergers and ways to overcome them.

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An approach to processing information where perception starts with a broader understanding or general knowledge before focusing on finer details.

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