If a union worker does not want her union dues to be spent on political activity, she:
A. Has no choice - the union can spend her dues payment however it wants.
B. May file a claim against the union charging misuse of union funds.
C. May resign her membership in the union or pay only that portion of dues that is used for
representation activities (i.e., pay a reduced fee).
D. Can refuse to pay dues but remain a member of the union as long as she has paid the
initiation fee.
C. May resign her membership in the union or pay only that portion of dues that is used for
representation activities (i.e., pay a reduced fee).
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Slim Co is ordering a new computer for its corporate office. Which of the following events would trigger the recognition of the computer and related liability on Slim's books?
A) The company generates a purchase order. B) The purchasing department sends a purchase order to the supplier. C) The company receives the computer. D) The company receives the bill from the supplier.
The equity method of accounting for an investment in the common stock of another company should be used when the investment
a. is composed of common stock and it is the investor's intent to vote the common stock. b. ensures a source of supply such as raw materials. c. enables the investor to exercise significant influence over the investee. d. gives the investor voting control over the investee.
The Foreign Sovereign Immunities Act ?(FSIA) provides that American courts generally cannot hear suits against foreign governments. Describe the two possible exceptions to this rule
Kinsi Corporation manufactures five different products. All five of these products must pass through a stamping machine in its fabrication department. This machine is Kinsi's constrained resource. Kinsi would make the most profit if it produces the product that:
A. uses the least amount of stamping time. B. generates the highest contribution margin ratio. C. generates the highest contribution margin per stamping machine hour. D. generates the highest contribution margin per unit.