Administrative law judges are appointed by the President and confirmed by the Senate just as are judges in the U.S. District Court
Indicate whether the statement is true or false
False
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A company contributes to its defined contribution plan. Which one of the following journal entries properly records this transaction?
A.
| DR | Pension asset |
B.
| DR | Projected minimum liability |
C.
| DR | Minimum pension liability |
D.
| DR | Pension expense |
The 2005 bankruptcy act provides that after already getting relief under other chapters of the Bankruptcy Code, a debtor can be granted Chapter 7 relief in which of these situations?
A) six years following Chapter 11 relief B) four years following Chapter 11 relief C) six years following Chapter 12 relief D) twelve years following Chapter 13 relief
Janitor Supply produces an industrial cleaning powder that requires 40 grams of material at $0.10 per gram and 0.25 direct labor hours at $12.00 per hour. Overhead is applied at the rate of $18 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?
A. $7.50. B. $7.00. C. $11.50. D. $8.50. E. $25.00.
Employers must pay ______ for time worked in excess of 40 hours a week at an overtime rate of 1.5 times the normal pay.
a. exempt workers only b. nonexempt workers only c. exempt and nonexempt workers d. all full-time workers