In 1982, the total expenditure of the government of Kargenia, a European country, exceeded its revenue by a substantial amount. This forced the government of Kargenia to borrow funds to meet its legal obligations. In this scenario, the government of Kargenia incurred a _____ in 1982.
A. fiscal drag
B. budget deficit
C. debt brake
D. revenue backlog
Answer: B
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The projected cost of all of the project’s activities ______.
A. is typically reported in the company’s balance sheet B. is known as the baseline budget C. is typically mentioned in the annual report D. is reported as a line item in the income tax filing with the government
Classify each of the following as either a direct material (DM), indirect material (IM), or period cost (P). a. wood used to build custom bookshelves b. sandpaper, glue, and nails used to build customer bookshelves. c. paper supplies used in the administrative offices. d. computer chips used in computer e. cleaning supplies used in the factory
Describe and provide clear examples of Argyris and Schön’s (1978) concept of single loop and double loop learning.
What will be an ideal response?
The OSHA general duties clause states that:
A. employers shall furnish a place of employment that is free from recognized hazards that are causing or are likely to cause death. B. employers shall keep the workplace secure from outside threats and loss of confidential information. C. employers have a duty to pay more to their employees than just a living wage. D. employers have a general duty to obey all civil rights laws. E. employers must allow OSHA inspectors to freely inspect company premises.