Both job order and process cost accounting use equivalent units of production to determine costs.

Which of the following explains why soccer players make millions of dollars in Europe but do not in the United States?

A) Discriminatory rules established by the government
B) Compensating wage differentials for living in Europe
C) Discriminatory preferences on the part of U.S.sports fans for other sports
D) Efficiency wages paid to European players to enhance on-field performance

Calculate the amount today that is equivalent to $150 at the end of year 1, $450 at the end of year 2, and $300 at the end of year 3, given a discount rate of 10%.

A) $695
B) $710
C) $755
D) $734
E) $1,100

The measurement of the NCI allocation will be based on the subsidiary company's equity account balances.

The Hydro Index is a price weighted stock index based on the 5 largest boat manufacturers in the nation. The stock prices for the five stocks are $10, $20, $80, $50 and $40. The price of the last stock was just split 2 for 1 and the stock price was halved from $40 to $20. What is the new divisor for a price weighted index?

A) 5.00
B) 4.85
C) 4.50
D) 4.75

The provincial legislature is about to pass a piece of legislation that conflicts with one of the following rights. It had intended to do so under s. 33(1) , the notwithstanding clause, but has just found out that s. 33 is not effective against this right. Which of the following is it?

A) The right to life, liberty and security of the person.
B) Freedom of speech.
C) Freedom of religion.
D) The right to vote.
E) Equality rights.