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Americans With Disabilities Act - ADA legislation passed in 1990 that bans discrimination against people who are having disabilities. According to this Act, discrimination against a disabled person is prohibited in employment, public accommodations, transportation, government and communications activities. The law forbids private state and local governments, employment agencies, employers, and labor unions from discriminating against the disabled. Employers are needed to make rational accommodations in order for the disabled person to do their job function.
Under this law, an employer is not needed to make logical accommodations if it presents excessive hardship to the business and needs significant expenses in contrast to the size of the company. Few examples of accommodations contain supplying a deaf applicant with a sign language interpreter in a job interview, adapting a work schedule to meet the requirements of a person who needs treatment or restructuring an already existing facility to make it readily available to persons with disabilities.
Limited Liability Company (LLC) - Form of doing business combining limited liability for all owners (known as members) with taxation as a PARTNERSHIP. An LLC is formed by filing AR
Significant Deficiency -Control deficiency or combination of control deficiencies, which adversely affects company's ability to authorize, initiate, process, record or report exte
CONSOLIDATED BALANCE SHEET The consolidated balance sheet involves adding assets and liabilities of the subsidiary to those of the holding company while excluding inter-company
WACC and gearing There are two major theories linking a company's WACC and its gearing ratio. (i) The usual theory of gearing proposes a "U" shaped WACC curve. Cost of c
Conditions of a will A written will is not valid unless it fulfills the following conditions. 1) The testator must sign the will; or he must affix his mark to the will (i.e. a
notes on 5 modern accounting techniques
Q. Show the goals of managers? The goals of managers may conflict with the objectives of shareholders particularly with the objective of maximisation of shareholder wealth. Man
Your company is considering investing in its own transport fleet. The present position is that carriage is contracted to an outside organization. The life of the transport fleet w
Harper Co. provided the following information concerning two products: contribution margin per unit- product 12 $46 Contribution margin per unit-product 43 $30. Machine hours requi
Concept of Financial statements Financial statements portray the financial effect of transactions and events by grouping them into classes broadly called elements. A complete
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