Under US GAAP If a Company Cannot Determine Whether the Event

question 119

True/False

Under U.S. GAAP if a company cannot determine whether the event has occurred, the requirement is to recognize a liability if it is probable that the event has occurred.

Understand the impact of different appraisal criteria on employee evaluation.

Recognize the purpose and effects of anti-discrimination laws.

Understand the differences between various compensation structures and their impacts on worker motivation and productivity.

Identify the reasons and correct procedures for employee terminations and separations.