To qualify under executive exemption, the employee must be entitled to non forfeitable retirement benefits of at least:
a. $59,000 monthly.
b. $45,000 bi-annually.
c. $60,000 for two years.
d. $44,000 annually.
d
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Which of the following is not true regarding the time period postulate?
a. It results in an artificial segmentation of a continuing process. b. It has led to accrual accounting. c. It allows different accounting methods to be followed in interim periods. d. It allows interim reports to include estimates of annual amounts.
Which of the following statements is true with regard to service operations?
a. It encompasses all activities and processes required for implementing the service. b. Service operations activities that are not visible to the customer are referred to as front stage activities. c. Service operations activities that are visible to the customer are referred to as back stage activities. d. Service operations activities pertaining to the supply chain are referred to as downstream activities.
Suppose a State of New York bond will pay $1,000 ten years from now. If the going interest rate on these 10-year bonds is 5.0%, how much is the bond worth today?
A. $613.91 B. $564.80 C. $736.70 D. $466.57 E. $724.42
Design of experiments (DOE) refers to work done before production of early model prototypes of a new product.
Answer the following statement true (T) or false (F)