Prior to the passage of workers compensation laws, all of the following common law defenses could be used by employers to avoid financial responsibility for work-related injuries EXCEPT
A) contributory negligence.
B) the fellow-servant doctrine.
C) assumption of the risk.
D) employer liability laws.
Answer: D
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Direct operating margin is:
a. the sum of departmental gross profit and direct operating expenses. b. the difference between departmental gross profit and direct operating expenses. c. the difference between departmental gross profit and indirect operating expenses. d. the difference between departmental gross profit and operating expenses. e. the difference between departmental net income and cost of goods sold.
SO 9000 QMS is based on eight principles from total quality management (TQM). Which of the following is NOT one of them?
A. Continual improvement guidelines should vary when applied to the organization and to its people, processes, systems, and products. B. Decisions must be based on the analysis of accurate, relevant, and reliable data and information. C. Take advantage of fully involved employees, using all their abilities for the benefit of the organization. D. Recognize that things accomplished are the results of processes and that processes along with related activities and resources must be managed.
During his first month of employment, Alix took a draw of 5% against his minimum sales amount of $15,000 in monthly sales that must be deducted from his pay during the first month that he reaches his minimum sales amount. He receives $18,000 annually in base salary plus a 5% commission on his sales. He receives his base salary on a semimonthly basis and receives his commissions on the final pay
date of each month. During his second month of employment, Alix sold $24,000 of equipment. What is Alix's gross pay for the end of the second month of employment? A) $1,950.00 B) $1,500.00 C) $1,350.00 D) $1,200.00
Outbound sales representatives at Alindu Magazines in Arizona receive a $20 commission on all new customers they sign up for new magazine subscriptions. Each outbound sales representative works 40 hours. During a weekly competition, the outbound sales representative who sold the most subscriptions was awarded a $125 bonus. Since these employees are paid solely on commission, the employer must
ensure that they earn the federal minimum wage for 40 hours each week. Compute the gross pay for each of the following outbound sales representatives and the difference when the commission pay is less than the gross pay at minimum wage. What will be an ideal response?