Which one of the following documents is used in the control of cash disbursements?
a. Income Statement
b. Bank deposit slips
c. Receiving reports
d. Cash register tapes
c
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You take out an installment loan to purchase a sailplane costing $34,100. You make a down payment of $8,600 and finance the balance by making monthly payments of $1,176.72 for 24 months. Use the APR formula to find the APR.
A. 12.52% B. 8.65% C. 9.99% D. 4.15%
Costs that have been incurred in the past but are no longer relevant to decision making are ________
a. discontinued b. differential c. relevant d. sunk
_____ is a concept that when jobs are distinctly different but entail similar levels of ability, responsibility, skills, and working conditions, they are of equal value and should have the same pay scale.
A. Equal worth B. Comparable worth C. Equitable value D. Differential value E. Comparable value
Which of the following statements is true of the Equal Protection Clause of the U.S. Constitution?
A) It is included in the Fourth Amendment. B) It prohibits discrimination based on sufficient justification. C) Intermediate scrutiny is applied when the classification is based on race, color, or national origin. D) The rational basis test is applied when there is no class-based suspect classification.