In which of the following cities is a Federal Reserve Bank NOT located
A. Richmond.
B. Denver.
C. Kansas City.
D. St. Louis.
Answer: B
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Which of the following is NOT a general type of control activity?
a. Adequate separation of duties b. Independent checks on performance c. Proper authorization of transactions and activities d. Use of internal auditors
Doric Agricultural Corporation uses a predetermined overhead allocation rate based on the direct labor cost. The manufacturing overhead cost allocated during the year is $270,000. The details of production and costs incurred during the year are as follows:
What is the predetermined overhead allocation rate applied by the corporation? (Round your answer to two decimal places.)
A) 96.30%
B) 65.38%
C) 158.82%
D) 33.27%
Why is an organization’s history important?
a. Organizations need to learn from their mistakes b. Organizations should try to repeat what worked for them in the past c. It provides insight into how the organization evolved and developed its mission, values, and strategy d. It’s useful to explain to customers and stakeholders and is a valuable marketing tool
IBN has two manufacturing facilities, one in New York and one in Oklahoma. Marjorie has worked in the Oklahoma plant for 15 years assembling resistors. Her sister, Ellen, has worked at the same plant for 15 years also. Their brother, Hank, has worked there for 10 years in the same job as his sisters. Ellen transfers to the New York facility. Their salaries are now as follows: Marjorie-$12 per
hour; Ellen-$19.50 per hour; Hank-$14 per hour. Is there a violation of the Equal Pay Act? a. Yes, because Ellen's pay is higher than Marjorie's. b. Yes, because Ellen and Hank receive more per hour than Marjorie. c. Yes, because Hank's pay is higher than Marjorie's. d. No, since they are different people with different personalities.