The ________, passed by Congress in 1936, requires that organizations manufacturing or furnishing materials, supplies, articles, or equipment in excess of $10,000 to the federal government pay at least the minimum wage for the industry as determined by the secretary of labor.
A. Walsh-Healey Public Contracts Act
B. Davis-Bacon Act
C. Lilly Ledbetter Fair Pay Act
D. Fair Labor Standards Act
Answer: A
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Broadly speaking, cost accounting can be defined as a(n)
a. external reporting system that is based on activity-based costs. b. system used for providing the government and creditors with information about a company's internal operations. c. internal reporting system that provides product costing and other information used by managers in performing their functions. d. internal reporting system needed by manufacturers to be in compliance with Cost Accounting Standards Board pronouncements.
The first essential step of the sales presentation is discussing the:
A. firm's warranties. B. business proposition. C. marketing plan. D. SELL sequence. E. product's FABs.
One drawback that is particularly relevant to ________ is the user expectation of very quick and timely response to questions or comments.
A. blogs B. Twitter C. e-mail D. Facebook E. Snapchat
A home accessories store buys lamps with a net price of $22,600. The terms of sale are 4/15, n/30. If a partial payment of $10,300 is sent to the wholesaler on the discount date, what is the net amount still due?
A) $21,696.00 B) $11,870.83 C) $12,712.00 D) $11,808.00