Answers

PT

Answered

________ enumerates the principle of federal supremacy.

A) Article III
B) Article IV
C) Article V
D) Article VI

On Jul 01, 2024


D
PT

Answered

The production possibility frontier will NOT shift outward due to an:

A) increase in the unemployment rate.
B) increase in the labor force.
C) improvement in technology.
D) increase in worker productivity.

On Jun 29, 2024


A
PT

Answered

Which of the following enables employees who lose their jobs or have their hours reduced to a level at which they are no longer eligible to receive medical, dental or optical benefits to pay to continue receiving benefits for themselves and their dependents under the employer's policy?

A) The Employee Income Security Act
B) The Consolidated Omnibus Budget Reconciliation Act
C) The Family and Medical Leave Act
D) The Fair Labor Standards Act
E) Workers' compensation laws

On Jun 01, 2024


B
PT

Answered

Concerning accounting for warranties, which of the following statements is false?

A) The expense warranty accrual method is not an acceptable method for federal income tax purposes.
B) The modified cash basis is the most conceptually sound method for financial reporting.
C) The sales warranty accrual method uses a cost recovery approach to warranty revenue recognition.
D) The modified cash basis recognizes warranty expense when cash is paid for the repairs to merchandise under warranty.

On May 30, 2024


B
PT

Answered

Gwenn is the general manager of a pharmaceutical company. Her best strategy for increasing the job satisfaction of employees is to ________.

A) give them free over-the-counter medications
B) create conditions so they can have fun and happiness on the job
C) grant them cost-of-living pay increases
D) improve the quality of food in the company cafeteria

On May 01, 2024


B
PT

Answered

Which of the following is not a major criticism of the single-tax movement?

A) It is impractical because most income payments are a mixture of interest, rent, wages, and profits.
B) It is inefficient because the land-rent tax will distort the use of land resources, thereby preventing allocative efficiency.
C) It is unfair because there are other "unearned" incomes besides land rent, such as capital-gains income.
D) It is inadequate because current levels of government spending are too big to be sufficiently funded by rent tax alone.

On Apr 30, 2024


B
PT

Answered

For Country A, the world price of textiles exceeds the domestic equilibrium price of textiles. As a result, international trade allows sellers of textiles in Country A to experience greater producer surplus than they otherwise would experience.

On Apr 29, 2024


True
PT

Answered

Native-born workers may not be harmed by immigration if it

A) reduces wages and labor demand is inelastic.
B) reduces the rate of return on capital.
C) increases the rate of return on capital.
D) causes production costs to rise.

On Apr 28, 2024


C
PT

Answered

The extent to which an organizational member contributes to achieving the objectives of the organization is called

A) effort.
B) performance.
C) intrinsic motivation.
D) extrinsic motivation.
E) expectancy.

On Apr 28, 2024


B
PT

Answered

On September 1st,Wild Willy's Club orally gives an order to T-Shirts R Us Inc.for T-shirts worth $600.The T-shirts have the date and location of Wild Willy's annual Christmas party on December 15th printed on them.In late October,Wild Willy's calls T-Shirts to cancel the order.T-Shirts has already processed the order and the T-shirts are ready to be shipped.Discuss in detail whether or not this oral order is enforceable once the T-shirts have been made.

On Apr 26, 2024


Generally,the Statute of Frauds requires a contract for the sale of goods of $500 or more to be in writing to be enforceable in court.However,an exception to this requirement involves specially manufactured goods that cannot be resold easily.The T-shirts in this case fit that exception and the oral order is enforceable.