In Lone Mountain Processing v. Secretary of Labor, a mining firm railed to respond to a citation from the Mine Safety and Health Administration (MSHA) for regulatory violations within 30 days, so the citations became final. The firm protested the refusal to reconsider the matter after 30 days. The appeals court held that under federal law responses must be filed within 30 days or there could be
no review.
a. True
b. False
Indicate whether the statement is true or false
False
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Why is it important to “maintain” attention, and not just “capture” it during a conversation? What’s the difference?
What will be an ideal response?
A company pays $18,000 in interest on notes, consisting of $12,000 interest that was accrued during the last accounting period and $6,000 of interest that accumulated during the current accounting period but has not yet been accrued on the books. The journal entry for the interest payment should:
A. debit Interest Expense for $18,000 and credit Cash for $18,000. B. debit Cash for $18,000 and credit Interest Payable for $18,000. C. debit Interest Payable for $12,000, debit Accrued Interest $6,000 and credit Cash for $18,000. D. debit Interest Expense for $6,000, debit Interest Payable $12,000 and credit Cash for $18,000.
In a complex production environment, it is more difficult to compute a single EUP rate for conversion costs
Indicate whether the statement is true or false
The Crestar Company reported net income of $112,000 on 20,000 average outstanding common shares. Preferred dividends total $12,000. On the most recent trading day, the preferred shares sold at $50 and the common shares sold at $95. What is this company's current price-earnings ratio?
A. 20 B. 17 C. 19 D. None of these answers is correct.