Once an administrative law judge rules, the next step is to appeal to the U.S. Supreme Court.

Answer the following statement true (T) or false (F)


False

An appeal to the full commission or the head of an agency may be filed. That decision may be appealed to the circuit court of appeals (when a federal agency is involved).

Business

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Under incentive pay, piecework rates are most suited for routine, standardized jobs with output that is easy to measure.

Answer the following statement true (T) or false (F)

Business

Should nonfinancial indicators be used for assessing fraud risk? Why or why not?

a. No. A company's financial statement data need not always be consistent with its nonfinancial measures. b. Yes. Management can more easily manipulate financial numbers but finds it harder to keep all the nonfinancial information consistent with the financial information. c. No. Nonfinancial measures are indicative of physical assets alone. d. Yes. Management attempts to commit fraud first show up in these indicators. Financial statement fraud is an attempt to cover up those attempts.

Business

The sales manager at OBC Office Supplies has determined that the office manager of Hoffman Realty has the money, desire, and authority to purchase a new copy machine. Hoffman Realty would best be described as a:

A. qualified prospect. B. potential referral. C. qualified referral. D. network prospect. E. network agent.

Business

The tendency for unhealthy people to seek life or health insurance at standard rates is an example of

A) moral hazard. B) fundamental risk. C) attitudinal hazard. D) adverse selection.

Business