All checks are time instruments

Indicate whether the statement is true or false


F

Business

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Which of the following statements is TRUE with regard to the eight types of waste that must be eliminated to implement lean systems?

A) Jobs with excessive motion should be redesigned. B) Work-in-process inventory is the direct result of underutilization of employees. C) Manufacturing an item before it is needed helps an organization detect and reduce defects. D) Product damage and deterioration result from using expensive high precision equipment.

Business

Bread & Pastries Baking Company operates a commercial baking plant¾a "major source"¾that emits hazardous air pollutants for which the Environmental Protection Agency has set maximum levels of emission. The plant does not use any equipment to reduce its emissions. Under the Clean Air Act, this is most likely

A. a violation. B. not a violation because baking is not considered to be polluting. C. not a violation because the plant does not use any equipment. D. not a violation because the plant is not a mobile source.

Business

Fifty-five year old Mark has worked with an organization for 20 years and was looking forward to his impending promotion. During his annual appraisal, his supervisor stated that he had "put in enough time" and suggested he step down from his post since most executive employees retired at the age fifty five. In this instance, Mark does not need to resign since:? A) ?he is physically fit to

work. B) ?under Age Discrimination in Employment Act mandatory retirement of such executives prior to sixty-five is still prohibited. C) ?retirement will violate Americans with Disabilities Act. D) ?it is mandatory for his organization to hand him the promotion considering his age and level of experience.

Business

The chief executive officer earns $10,100 per month. As of May 31, her gross pay was $50,500. The tax rate for Social Security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7000 of an employee's pay. What is the amount of FICA-Social Security withheld from this employee for the month of June?

A. $626.20 B. $1252.40 C. $7420.47 D. $270.68 E. $292.90

Business