An Excelsior list must be filed by employers with the regional director within ________ days after an election order is issued

A) 7
B) 22
C) 35
D) 60


A

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Benton and Orton are partners who share income in the ratio of 1:3 and have capital balances of $70,000 and $30,000 respectively. Ramsey is admitted to the partnership and is given a 40% interest by investing $20,000. What is Benson's capital balance after admitting Ramsey?

A) $20,000 B) $7,000 C) $70,000 D) $63,000

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Under the organizational model of decision-making:

A) Decision makers are not constrained by standard operating procedures B) Decision makers are constrained to be somewhat predictable but create unpredictable outcomes C) Decision makers are constrained by standard operating procedures that tend to make decision outcomes somewhat predictable D) Decision makers are constrained to be somewhat predictable and create predictable outcomes

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Elaine saw statistics showing that union employees make an average of 30 percent more than nonunion workers, so when she was looking for a new job, she looked for one at a company that was unionized. Elaine was motivated by

A. economic needs. B. social needs. C. status needs. D. dissatisfaction with management.

Business

Under the FIFO method of product costing, equivalent units of production consider units in the beginning inventory as if they were started and completed during the current period.

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

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