An NGO:
A) is not subject to the controls of the FCPA
B) is not subject to any nation's laws.
C) is an oil cartel.
D) None of the above
D
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Lucas Company provides a bonus compensation plan under which key employees receive bonuses equal to 10% of Lucas's income after deducting income taxes but before deducting the bonus. If income before income tax and the bonus is $400,000 and the income tax rate is 30%, the bonuses should total
A) $27,160. B) $28,866. C) $36,400. D) $40,000.
The allowance method based on the idea that a given percent of a company's credit sales for the period is uncollectible is:
A. Direct write-off method. B. The percent of accounts receivable method. C. The percent of sales method. D. The aging of accounts receivable method. E. Factoring method.
The following data are from Burton Corporation, a manufacturer, for the month of September: Direct materials used $145,000 Supervisors' salaries 6,000 Machine operators' wages 200,000 Sales office rent and utilities 22,000 Machine depreciation 35,000 Secretary to the Chief Executive Officer salary 3,000 Factory insurance 15,000 Total prime costs are:
a. $354,000 b. $145,000 c. $345,000 d. $256,000
Complete this statement: Knowledge workers are difficult to manage because much knowledge work:
a. is intangible and difficult to evaluate and measure b. is done outside of the workplace c. involves activities not directly related to the core function of the firm d. is hidden from managers