Sandy was scheduled to work an 8 hour shift on a Thursday afternoon and evening. When she arrived at work, her supervisor told her the shipment she was to process had not arrived and that she could go home. Under her union contract, Sandy was entitled to four hours of pay because she showed up for work as scheduled. This contract provision is called:

A. Reporting pay
B. Scheduled hours pay
C. Straight-time pay
D. Guaranteed hours pay


A. Reporting pay

Business

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A simple capital structure is one that consists of common stock outstanding and possibly convertible preferred stock

Indicate whether the statement is true or false

Business

Anita sold for $60,000 her home that she purchased ten years ago for $20,000. She then purchased another home a month later for $70,000. The taxable amount of her capital gain is

A) $60,000. B) $40,000. C) $30,000. D) $0.

Business

Chapter 11 bankruptcy allows a firm to reorganize and prepare strategies to improve future profits.

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

Business

Which of the following is most likely to be a first-line management title in a large company?

A. Division head B. Branch manager C. Director D. Section leader

Business