Which of the following is true of the Affordable Care Act?
A. It helps an employer receive an income tax deduction even though employees may not yet have received any benefits.
B. It applies to all employers having 50 or more employees and entitles all eligible employees to receive unpaid leave up to 12 weeks per year for specified family or medical reasons.
C. It is aimed at expanding health care coverage through an individual mandate to purchase health insurance and an employer mandate to provide qualifying health insurance coverage.
D. It requires a worker to meet the state requirements for wages earned or time worked during an established period of time referred to as a "base period."
Answer: C
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The wording and ordering of questions is not an important consideration in survey design
Indicate whether the statement is true or false
When preparing the cost of goods sold budget, ________.
A) ignore balances in Finished Goods Inventory B) start by calculating the projected cost to produce each unit C) ignore the inventory costing method D) multiply units produced by the total projected cost per unit
A variable costing income statement focuses attention on the relationship between costs and sales that is not evident from the absorption costing format.
Answer the following statement true (T) or false (F)
The cash flow on total assets ratio is calculated by:
A. Dividing average total assets by total cash flows. B. Dividing total cash flows by average total assets. C. Dividing average total assets by cash flows from investing activities. D. Total cash flows divided by average total assets times 365. E. Dividing cash flows from operations by average total assets.