Overtime pay is given to nonexempt employees who work more than 40 hours in a work week

Indicate whether the statement is true or false


TRUE

Business

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Under the Model Business Corporation Act (MBCA), a corporation does not need shareholder approval to purchase securities out of ________ surplus.

A. unrestricted earned B. equity C. restricted earned D. capital

Business

Which of the following is NOT a characteristic of innovation?

a. relative advantage b. compatibility c. comparability d. complexity e. communicability

Business

Simplicity is the main advantage of which of the following process costing methods?

A) weighted average B) FIFO C) LIFO D) Exact cost method

Business

The North Carolina State Bar:

a. Accepted Mr. Nifong's resignation as DA as sufficient punishment. b. Disbarred Mr. Nifong. c. Censured Mr. Nifong. d. Found no violations of the professional code of ethics by Mr. Nifong.

Business