How did the NIRA come into effect?


The National Industrial Recovery Act NIRA, passed in 1933, was an attempt to improve general conditions during the Great Depression. NIRA provided for the development of "codes of fair competition" for various industries. The codes, to be developed by trade associations within each industry, would specify the minimum wages to be paid, the maximum hours to be worked, and limitations on child labor.?

Business

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Predecessor auditor Discuss the required communications between predecessor and successor auditors

Business

In which journal would an adjustment for an overcharge by a creditor be recorded?

A) General journal B) Purchases journal C) Cash Payments journal D) Cash Receipts journal

Business

Which of the following statements about quality costs is true?

A) Even in theory, external failure costs can never be reduced to zero. B) The less a company spends on prevention costs, the less they will have to spend on internal failure costs in the future. C) If a company produces and sells a defective product, external failure costs are likely to exceed all the other types of quality costs. D) A low level of internal failure costs usually indicates that more attention needs to be paid to prevention and appraisal costs.

Business

Read the z statistic from the normal distribution table and choose the correct answer. For a one-tailed test (upper tail) using ? = .0721, z =

A. 1.54. B. 1.96. C. 1.645. D. 1.46.

Business