Identify a true statement about the Genetic Information Non-Discrimination Act (GINA) of 2008.

A. It prevents employers from monitoring their employees.
B. It prohibits discriminatory treatment in employment based on genetic information.
C. It mandates all employees to disclose their genetic information to their employers.
D. It does not include the family medical history of a person.


Answer: B

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In the fourth quarter of 1982, economic statistics showed the following:

 Real GDP$5,189.8 billion Unemployment rate10.7% Inflation rate4.4%The conceptual variables corresponding to these data are:  Potential output$5,640.3 billion Natural rate of unemployment6.1% Ideal inflation rate1.0%? a.Calculate the output gap in percentage points. Show your work.  b.Calculate the unemployment gap in percentage points. Show your work.  c.Calculate the inflation gap in percentage points. Show your work.  d.Calculate the output loss and the inflation loss. Show your work.  e.Calculate the total loss in the fourth quarter of 1982 if the weight on the inflation loss equals 2. Show your work.  f.Calculate the total loss in the fourth quarter of 1982 if the weight on the inflation loss equals 6. Show your work. What will be an ideal response?

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A person could create a negotiable instrument in pencil on a piece of wrapping paper.

Answer the following statement true (T) or false (F)

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You have just received notice that a customer of yours with an Account Receivable balance of $100 has gone bankrupt and will not make any future payments. Assuming you use the allowance method, the entry you make is to

A) debit Bad Debt Expense and credit Allowance for Doubtful Accounts. B) debit Bad Debt Expense and credit Accounts Receivable. C) debit Allowance for Doubtful Accounts and credit Accounts Receivable. D) debit Allowance for Doubtful Accounts and credit Bad Debt Expense.

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____________________ is the name given to revenue, expense, and dividend accounts because they are closed at the end of the period

Fill in the blank(s) with correct word

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