Which of the following statements is true?
a. Salaried employees are always exempt from FLSA, but wage earners are not; b. An independent contractor is an employee of more than one company; c. To determine the hourly rate of a salaried employee, it is necessary to annualize the monthly salary first; d. A withholding allowance determines the amount to be withheld for FICA; e. When accounting for wages, the Wages and Salaries Expense account should be debited for the net pay
C
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Teresita came up with an idea for a new product. This is an example of
a. Productive forgetting. b. Innovation c. Prescient d. Vision
Malcolm wants to come up with a graphic that will clearly show new staff members how a customer's order proceeds from sales to delivery. The best graphic for him to use is a flowchart
Indicate whether the statement is true or false
The jobs listed below need to be completed. Assume that it is now day 140
If the jobs are sequenced according to the shortest processing time rule, what is the average completion time? Job Processing Time (days) Job due date (days) A 20 180 B 30 200 C 10 175 D 16 230 E 18 210 A) 47.6 days B) 60.2 days C) 94.0 days D) 2.5 days E) 238.0 days
Which of the following should have the strongest cause and effect relationship with overhead costs?
A. Value-added costs. B. Cost followers. C. Cost drivers. D. Units of output. E. Non-value-added costs.