Answer the following statements true (T) or false (F)
1. Programs that attempt to make up for past discrimination in employment are known as affirmative action programs.
2. One type of gender discrimination is known as quid pro quo.
3. Karen is a construction manager for the building of a large parking structure downtown. One day a group of steel workers whistled at her as she climbed a ladder. The men's actions created a hostile work environment.
4. External recruitment is the process of locating and attracting qualified applications for jobs open in the organization.
1. TRUE
Affirmative action focuses on achieving equality of opportunity within an organization. It tries to make up for past discrimination in employment by actively finding, hiring, and developing the talents of people from groups traditionally discriminated against.
2. FALSE
In the quid pro quo type of sexual harassment (rather than discrimination), the person to whom the unwanted sexual attention is directed is put in the position of jeopardizing being hired for a job or obtaining job benefits or opportunities unless he or she implicitly or explicitly acquiesces.
3. TRUE
In the hostile environment type of sexual harassment, the person being sexually harassed doesn't risk economic harm, but experiences an offensive or intimidating work environment.
4. FALSE
Recruiting is the process of locating and attracting qualified applicants for jobs open in the organization. Recruiting is of two types: internal and external.
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In the Shrimp Importation Case, the WTO Appellate Body determined that: A) the U.S. program certifying the use of TEDs or devices of comparable effectiveness was an unjustified discrimination against Malaysian shrimp products
B) the U.S. program certifying the use of TEDs or devices of comparable effectiveness was not an unjustified discrimination against Malaysian shrimp products. C) the U.S. program was invalid because it treated Malaysian shrimp differently than shrimp from other countries. D) the U.S. program was valid as it related to conservation of an exhaustible natural resource.
How much is a basis point?
A. 1.0% B. 0.1% C. 0.01% D. 0.001%
Robins Corporation manufactures one product. It does not maintain any beginning or ending Work in Process inventories. The company uses a standard cost system in which inventories are recorded at their standard costs and any variances are closed directly to Cost of Goods Sold. There is no variable manufacturing overhead. The standard cost card for the company's only product is as follows:InputsStandard Quantityor HoursStandard Price or RateStandard CostDirect materials3.8pounds$9.50per pounds$36.10Direct labor0.80hours$18.50per hour 14.80Fixed manufacturing overhead0.80hours$18.00per hour 14.40Total standard cost per unit $65.30The standard fixed manufacturing overhead rate was based on budgeted fixed manufacturing overhead of $360,000 and budgeted activity of 20,000
hours.During the year, the company completed the following transactions:a. Purchased 134,700 pounds of raw material at a price of $9.10 per pound. b. Used 122,080 pounds of the raw material to produce 32,100 units of work in process.c. Assigned direct labor costs to work in process. The direct labor workers (who were paid in cash) worked 26,680 hours at an average cost of $17.20 per hour. d. Applied fixed overhead to the 32,100 units in work in process inventory using the predetermined overhead rate multiplied by the number of direct labor-hours allowed. Actual fixed overhead costs for the year were $378,400. Of this total, $297,400 related to items such as insurance, utilities, and indirect labor salaries that were all paid in cash and $81,000 related to depreciation of manufacturing equipment. e. Completed and transferred 32,100 units from work in process to finished goods. Assume that all transactions are recorded on the below worksheet, which is similar to the worksheet shown in your text except that it has been divided into two parts so that it fits on one page. The beginning balances in each of the accounts have been given. PP&E (net) stands for Property, Plant, and Equipment net of depreciation.?CashRaw MaterialsWork in ProcessFinished GoodsPP&E (net)?1/1$1,000,000$28,880$0$84,890$566,900=a.?????=b.?????=c.?????=d.?????=e.?????=?Materials Price VarianceMaterials Quantity VarianceLabor Rate VarianceLabor Efficiency VarianceFOH Budget VarianceFOH Volume VarianceRetained Earnings1/1$0$0$0$0$0$0$1,680,670a.???????b.???????c.???????d.???????e.???????When the work in process is completed and transferred to finished goods in transaction (e) above, the Finished Goods inventory account will increase (decrease) by: A. $2,098,894 B. $2,096,130 C. ($2,096,130) D. ($2,098,894)
A buffer is useless when writing a message using the indirect approach.
a. true b. false