Wex Enterprises hires you as a benefit consultant. Mr. Wex wants to reduce the number of employees covered by the company's group health insurance plan
Which of the following reasons would you advise him to use to legally determine who to exclude from the health insurance plan?
A) Health status of the employee
B) Job classification (hourly employee versus salaried employee)
C) Genetic information about employees
D) Disability of employees
B
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A company had $67 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to:
A. Credit Petty Cash for $67. B. Debit Cash for $67. C. Debit Petty Cash for $67. D. Credit Cash Over and Short for $67. E. Debit Cash Over and Short for $67.
SPSS can be used to perform forecasts and "what-if" analyses to help the researcher in isolating the underlying causes, identifying the relevant variables that should be investigated, and formulating appropriate research questions and hypotheses
Indicate whether the statement is true or false
Which of the following characteristics does not usually apply to process operations?
A. Each unit of product is separately identifiable. B. Costs are computed using equivalent units. C. Partially completed products are transferred between processes. D. A separate Work in Process Inventory is used for each process. E. Each process is a separate department.
On January 1, Year 1, Jing Company purchased office equipment that cost $18,300 cash. The equipment was delivered under terms FOB shipping point, and transportation cost was $2800. The equipment had a five-year useful life and a $7140 expected salvage value.Assuming the company uses the double-declining-balance depreciation method, what are the amounts of depreciation expense and accumulated depreciation, respectively, that would be reported in the financial statements prepared as of December 31, Year 3?
A. $0 and $18,800 B. $4147 and $22,947 C. $456 and $7140 D. $6912 and $18,432