What are green-circle rates and red-circle rates in a pay structure?
What will be an ideal response?
Green-circle rates are those that are lower than the bottom of the pay range. Red-circle rates are those that are higher than the top of the pay range.
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__________ refers to a social group that may be joined together by factors such as shared history, shared identity, shared geography, or shared culture.
a. Race b. Culture c. Ethnicity d. none of the above
Under the IMA's standards of ethical practice, an accounting professional can consider informing authorities or individuals not employed by the organization when an ethical dilemma occurs about an accounting or financial reporting matter that remains unresolved if he/she:
A. Informs the external auditors who tell him/her to inform the appropriate authorities B. Believes there has been an ethical violation C. Believes there is a clear violation of the law D. Contacts his/her immediate superior who says to forget about the matter
Answer the following statements true (T) or false (F)
1) The net realizable value of Accounts Receivable is calculated by subtracting Bad Debts Expense from Accounts Receivable. 2) When accounting for uncollectible accounts under IFRS, the allowance method is used to accomplish the matching of bad debt expense to the sales of the period but not to report receivables at net realizable value. 3) To report accounts receivable at the appropriate amount on the balance sheet, a company determines an accurate estimate of uncollectible accounts and recognizes the associated bad debt expense. 4) When using the allowance method to account for uncollectible accounts receivable, companies estimate bad debt expense at the end of the period and then record an adjusting entry.
A service level is ______.
A. an implicit or explicit agreement between the service provider and consumer that defines an acceptable level of service B. the level of service that can be provided within a given span of time C. an agreement between the service provider and consumer as to the extent of overtime that will be assigned to a particular job D. an agreement between the service provider and consumer as to the number of employees who will be assigned to a particular job