Under the ADA, an Individual

question 21

Multiple Choice

Under the ADA, an individual:

• A) is disabled if the individual has an impairment that substantially limits one or more of the major life activities.
• B) is disabled only if the individual has an impairment that substantially limits all major life activities.
• C) is disabled if he has an impairment resulting from any medically recognized disorder.
• D) can establish a rebuttable presumption of disability by presenting a letter from a trained medical professional.

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Definitions:

Depreciation Expense

The portion of the cost of an asset that is allocated as an expense over its useful life, reflecting the decrease in value over time.

Overstate Assets

Reporting a company's assets at a value higher than their actual worth, which can inaccurately represent financial health.

Unearned Revenue Account

An account representing cash received for goods or services not yet provided; considered a liability until the service or product is delivered.

Cash Receipt

The collection of money (paper money, coins, checks) received by a business for the sale of goods or services or any other financial transaction.