When hiring clerks for the mail room, the Acme Global Corporation required applicants to take a sorting ability test. The test screened out many more Caucasian job candidates than it did African-American job candidates. The test appears to cause ___________.
A. disparate treatment
B. divergent impact
C. disparate impact
D. illegal discrimination
E. None of the above
C. disparate impact
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Under the fiat money system, the revenue that the government makes on every coin issued is referred to as?
A. ?fiat revenue. B. ?full-bodied revenue. C. ?money tax. D. ?seignorage revenue.
The data presented below is for Mellon Corporation for the year ended December 31, 2015: Sales (100% on credit) $1,500,000 Sales returns 60,000 Accounts Receivable (December 31, 2015) 250,000 Allowance for Doubtful Accounts (Before adjustment at December 31, 2015) 3,000 Estimated amount of uncollectible accounts based on an aging analysis 31,000 Refer to information for Mellon Corporation. If
Mellon uses 2% of net credit sales to estimate its bad debts, what will be the balance in the Allowance for Doubtful Accounts account after the adjustment for bad debts? a. $33,000 b. $31,800 c. $27,000 d. $25,800
Assume that a U.S. importer imports furniture from China. If the Commerce Department makes a preliminary investigation and finds evidence of dumping, the U.S. importer must pay a special tariff equal to the
a. estimated dumping margin on all imports of that product. b. estimated dumping margin on all sales of that product. c. estimated manufacturing cost on all imports of that product. d. estimated dumping margin on all exports of that product.
According to SAB 108, what approach is used when assessing uncorrected misstatements?
a. Matrix approach. b. Dual approach. c. Percentage approach. d. Judgmental approach.