Chapter 1, Problem 22.1EC

For termination benefits payable as a result of an entity’s decision to terminate an employee’s employment, the entity can no longer withdraw the offer when the entity has communicated to the affected employees a plan of termination, provided which of the following criteria All of the other three choices. Actions required to complete the plan indicate that it is unlikely that significant changes to the plan will be made. Either one of the three choices. The plan identifies the number of employees whose employment is to be terminated, their job classifications or functions and their locations (but the plan need not identify each individual employee) and the expected completion date. The plan establishes the termination benefits that employees will receive in sufficient detail that employees can determine the type and amount of benefits they will receive when their employment is terminated.

Also, Should Smith accept the special order?