The Fair Labor Standards Act regulates child labor in agricultural employment
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
In acquired needs theory, which of the following categories of needs motivates a desire to excel?
A. need for achievement B. need for affiliation C. need for actualization D. need for power
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000. The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 84,500 units of product. What journal entry would be needed to record the machines' second year depreciation under the units-of-production method?
A. Debit Depreciation Expense $16,900; credit Accumulated Depreciation $16,900. B. Debit Depletion Expense $16,900; credit Accumulated Depletion $16,900. C. Debit Depletion Expense $16,000; credit Accumulated Depletion $16,000. D. Debit Depreciation Expense $16,000; credit Accumulated Depreciation $16,000. E. Debit Amortization Expense $16,900; credit Accumulated Amortization $16,900.
Which of the following items should not be included in the cost of ending merchandise inventory?
A) units on consignment B) purchased units in transit, shipped FOB destination C) units on hand in the warehouse D) both (a) and (c)
Suppose Stan holds a portfolio consisting of a $10,000 investment in each of 8 different common stocks. The portfolio's beta is 1.25. Now suppose Stan decided to sell one of his stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.35. What would the portfolio's new beta be?
A. 1.17 B. 1.23 C. 1.29 D. 1.36 E. 1.43